My boss wants the ability to do the following things:1) Have financial statements for each particular project (your normal accounting)2) Consolidated accounting (be able to look at all properties together)3) The ability to build in different capital models to the projects (multiple investors/single investor, debt/no debt)4) The ability for a singular investor (ie: my boss) to see how much cash he has in each particular project, and all projects, see how much he's actually making in each (cash) to see real returns5) The ability to possibly include rent rolls and specific information about each project with the ability to have notifications when note payments, property tax payments, etc. are due.

Credit is a measure of financial trustworthiness, and banks won't loan money to people who they consider to be less than trustworthy with money.Therefore, I would suggest that you do whatever it takes to take care of your credit problem.

(((I don't accept such things....it's time to break custom......at least offer it to the client, give them a chance to say what they will do....in this neck of the country someone will.....and as far as legality tell me the legal way to do what i want don't tell me it is illegal))))) I look for solutions and am very optomistic....I don't accept failure it isn't an option.Anyone can make money in real estate......ANYONE new investors or old salts.........You know that all of life is unforgiving.I learned from the school of hard knocks.Mistakes, hmmm I've made a few ....is an understatement.JUST DO IT ..............is how we get over those fears.If you don't take the first step then you can never finish the journey because you will never start.L....abor Luck is never had by those who do nothing.U....nderC....orrectK....owlegeWhen I say JUST DO IT...........I truely mean thatIt must be followed up with NEVER GIVE UP NEVER SURRENDER....This business eats up long time investors too.70 percent of the millionaires in this country come from real estate investing.Your in the game like it or notat the age of 65 only 3 percent of the population will be financially independent.Your in the game like it or not ....will you be the 3% or the 97% that is dead broke or still working?

Hi Ken,The only REO source of mobiles that I know of is the GreenTree financial Repo lot in Tulsa.

I had also been working as a financial planner and dealt with quite a few wealthy people.

Has anyone used this Brookview financial?

I have heard from a source that the Federal Government is planning to buy out REOs from many of the larger financial institutions like Bank of America etc.

While you didn't provide nearly enough information, it's unclear that you can even afford house #1 so getting into more property sounds like it could be a recipe for disaster.More simply put, if you're not in good enough financial shape to bring an extra $15k to the table to sell house #1 *and* put enough down on this newer house that you want to buy, then you're not in position to buy this newer house period - let alone own 2 houses.

> Management agreementHere is a good little tip...add a place for a SECOND contact person- outside of the owner's immediate family, that can authorize financial expenditures when the owner is unreachable.

You have to strike a balance between the better financial returns of lower priced houses, versus the more intensive management they require.