He talked about spending more time with family via passive income earned from real estate.

I’d like to have him review a potential note deal.Im sure this has probably been posted before however I couldn’t find anything when searching the forums.Thanks for any input.

Or actually how to spend or borrow 40K1) I am buying now in florida for 200K and it will rent  for 2K, will cash flow 200-300$ per month.2) Have a rental out of state that is almost paid off, owe on it 6K, worth 80K.

That being said depending upon how far off your numbers are from the asking price, you may not want to spend the time building that packet right away (and of then again maybe you do), and instead start a conversation to build up that relationship and maybe find out what the sellers motivation is.Good Luck,Paul MondaWaco, TX

(Use a lawyer to review and green the deal paperwork.)

In reviewing my portfolio through the eyes of the lenders and their data tapes, I saw that we had two duds in our portfolio.  

If you make $100k in a Roth you spend $100k minus $150-$500 fee for the Ira administrator.  

In regards to the original post, I am striving to purchase a good investment deal, but you are right, I need to review the Fannie/ Freddie regulations first!

How long does it take to review 5 assets when you have the pay history, servicing notes, BPO and OE?

If you aren't happy with the PM spending $200, change your arrangement and have them require approvals from you for expenses over $50, $100 or whatever you want.