Last year I barely made any money after all expenses were paid.

My husband works for a commercial developer (W-2) and is a small owner (K1) so our understanding is that he qualifies for REPS. We're looking at buying an STR to self-manage but with rates and prices where they are, t...

Anyway the point on the land basis is if you have a very low basis you have just now subjected your land equity to ordinary income and market risks on top of it.Plus personal risk on the loan if it goes bad do you have the money to pay the first off if you need to.  

Growing up in a household with 6 siblings and parents working hard to survive living in California I became very observant of what others were doing to make money.

I was wondering if hard money lenders or private lenders require you to be licensed as a mortgage loan Officer to find them new clients.

Save your money and get to a local meeting  Good luck  

Here goes: I've just purchased my fifth contract-for-deed (CFD) and I'm now on a timeline where I save up and buy a new CFD every three months. 

However, I keep feeling that we are missing an opportunity to make money off of this house because of the location it is in.

If you enter the market with the right approach, there is alot of money to be made.

I suspect that this lady may be involved in the scam and then takes a cut of any money wired to the supposed lender.