You need to become an expert at what needs to be done if you are going to concentrate on fire damaged properties.If you have the energy and the expertise you may try contacting the city you want to invest in to find the owners who have money being held for this purpose.

Here are the Pros I have thought up so far to pitch: Interest earning aspectCash down up frontshort term - say 3-5 year balloon for example higher offering price compared to short sale offerclauses in contract pertaining to non payment etcAnyway, if you guys and gals can offer other ideas for a proposal to the seller that would be great.

Short term, less than a year, interest only loans are fine for certain purposes but an I/O loan on a longer term basis is not the norm nor would it be a good idea long term.True private financing is something you negotiate with that individual, the rate, term, amortization and other requirements would be set as agreed.

So, I may in the future.... but thought that it was odd.I guess the insurance companies are realizing that a large amount of student renters destroy property compared to the average non-student renter??

Specifically for the purpose of acquiring, improving, and renting out property in what we would consider Class C/D areas?

Assuming things work out.Really Michael, you are comparing investing in trust deeds to the roulette wheel?

What is the purpose in searching for cash transactions?

I know a lot of us here think about what it will be like expanding the operations to lots of employees and having to deal with all the management issues that come up...it's nice to hear from someone who's doing it on a large scale (very large scale actually, compared to most in this business).

I feel like trying an aimloan and guaranteedrate.com as well, just to make sure to compare the rates.

i have not found a financial planner. and i did not cash outmyretirement acct. the loan is good enogh for my purposes.