Real estate gurus and authors would have you believe that they never or very rarely struck out."

If you're with the seller you can use thier amortization schedule to get close.But to obtain the final contract and set a closing date you can have the seller call the bank, they need to say they are thinking of selling and they ask for the payoff as of a certain date and ask for the per diem rate after that date given as the payoff amount.You can also get an authorization from the seller to obtain loan information and act without the owner/borrower.To be sure and have evidence, ask the lender for a written payoff as of the closing date.

My PM has the authority to make any decision that comes up (and he has a company checkbook).

You'll notice that I probably wasn't the author of many posts there - I just linked to other already existing BP threads to aggregate the info for easier retrieval.

For example, you can get a discounted rate if you have a checking account with the lender AND authorize automatic withdrawal of the payments (you just get a monthly statement and the bank takes the amount from your checking).

it actually is if done correctly... in Texas you can assign the tax lien from the taxing authority if the owner of the property consents. i can now foreclose on this property, but i want to keep it rather than take it to auction. any attorneys out there???

When inflation hits, and it will hit, I want to be in control of the largest asset base possible.

Pulling a permit" is when you ask the local building authority for permission to do work on a property.

Get a mortgage broker involved to give in depth workings and stress the return of money before the return on money.You could do the same thing one on one, introduce an attorney who will work with you.As a Realtor you can say that you can see the possibilities, identify great deals, but you can't really address the internal workings, underwriting aspects, risk, so get a center of influence who can and do so with authority.

According to the "Section 8 Bible" authors, a Section 8 rehab should be a bare minimum rehab just to pass inspection.If I rent to a regular tenant, then I would put a little more money into the rehab to make the place look nicer.Does anyone have any experience with Section 8 in Jurupa Valley, or do you know how I can find out the supply of Section 8 tenants in the area?