I want to start establishing relationships with lenders and perhaps get some hands-on experience in the local market by assisting someone who is already successful on their deals.FUTURE:I plan to make my first (and perhaps second or third) investment before this time next year.

Does she really work your deal....not really, she lists and others sell, if you call about your listing you'll speak to an assistant, really you won't see here after the listing until you get to closing.

If I understand you correctly you paid $1895 to borrow $16K in transactional funds for a day or less.

After a determination or conviction of any drug related charges assistance can be reinstated, but a recent drug conviction disqualifies a person for assistance.

This will dictate how much you can borrow since investment properties are not typically 100% financed.

Others are to close with cash, or borrowed funds,nthen in a second escrow, close with your buyer.

You could also borrow against the note without a tax issue, but if you sold it taxes would be due.....IMO, Let's see if we can ring in Charles Perkins, on possibilities.....

I think I could have sold tires and been successful, maybe not as successful as in RE, but RE was not the key to success, simply a means to make money, for me it was (is) easy money, but I enjoyed my business, my contributions and assisting others who wanted to achieve something.

Deficiency isn't the buyer's problem, it's the borrower's problem (and the bank's problem to try to collect it).

But I see no reason why an effective system can't (or shouldn't) be employed in multiple markets, provided you can find effective managers to assist you.