You seem to have made some amazing progress in your RE investing career:Posted today, 9/16/08Originally posted by Shaunna34:Erik is Direct to the Firm with REO's.

Thanks You could possibly try FSBO but if a buyer comes to you with a RE agent that agent will still want 3% of the sale price.

You’ll want to utilize the card regularly and pay at least part of the balance off each month in order to generate positive credit report entries on a monthly basis. •Personal loans – By going to one of your local banks and explaining that you’re trying to re-establish credit after a bankruptcy you should be able to convince your banker to lend you a small amount of money, say $1,000 or so, backed by a corresponding savings account or Certificate of Deposit (CD) account.

.$100k @ 4% in a CD = $4000 (less taxes)$100k down on a $500k RE investment returns cash flow & tax deductions to live off.

I agree an active business inside of the 401k would incur UBIT.Since I deal mostly with RE investors I like the no solo 401k UBIT exemption for debt financed income.Also, the borrowing privilege has helped several people to fund their personal real estate investing.Hmm...I used the wrong term in my post?!

You would need to have a purchase contract with the seller like Wheatie said above, for your specific state get with other investors at a local REIA meeting to see what they use and put in their contracts or go to a RE lawyer.And again Wheatie's got it, once you have the property under contract find a reputable title company, preferably one that works with investors and they can guide you through the rest!

I have no experience there whatsoever, and I think trying to market, make cold-calls, and setting up my first RE deal could be a recipe for disaster, but I have been trying to find more Subject-2 and contract for deed deals.

There is more to the story re: sandwich lease options, but a big thing is: "Mr.

You are correct that one of the best things about being a RE investor is that you have control (most of the time).

I don't know how to convince RE agents.