He went on to start a successful automotive garage.Now that my wife and I are on the same sheet of music, suddenly I want to learn everything I can about all kinds of investing.

This is more a higher end kind of investment, with carefully thought out design (not just mixmatched furniture or things you might find in a hotel or something).I'm sure this is common and there is probably an official term that is used when referring to it.

chasing,HML's don't place your personal home on any notes of any kind...they look at the investment property and loan you money based on value of the property/project - usually.

Some kind of unreasonable phobia, I guess!

god I'm sick of Home Depot....That kind of thing.

Could someone please be so kind as to steer me in the right direction?

Hello, I kind of stumbled on this site and am amazed with the amount of knowledge of the members here.

Mike, do you do these properties you are going to rent, and if so, what kind of interest rate and length of loan do you get.

Look like a good investment but the problem is that I don't know what kind of REI method I should use.

IIRC for every 10,000 forcible detainers FILED, about 2500 deadbeats actually show up in court, about 50 of those mount any kind of "defense" that might earn them a "stay of execution".Of the 2450 that "lost", fewer than 50 are still around when the constables show up (one day before actual moving day-to avoid hassles) to warn them the "the truck is coming tomorrow" and maybe 10 of them are still around when the truck comes.My tenants always KNEW I meant business, so I've only ever been in court 4 times, only ever had ONE tenant show up, she mounted a "dog ate my homework" defense, the judge said, "all cash wins-out you go" and they moved on Friday and Saturday.