You can submit less, but you must remember all the details of the deal are variable.We find that if we want to low ball the offer, we have a better chance of success if we high ball the Earnest and remove as many other obstacles from the deal (termite inspections, radon inspections, property inspections, mortgage contingency clauses, sale of other property contingency clause, speed of sale, etc.).We have a member of our REI Club that recommends 100% of offer in Earnest funds.

Yes the equity is higher esp on your first loans, but you need to develop that relationship with the lenders to grow anyway.

Remember that in addition to the "normal" expenses encountered with ownership in these properties you will have more breakage on furniture, dishes, sheets, towels (you will be providing all of that) and it's not like a rental across town that you can pop in to fix a garbage disposal, replace a bad fridge etc.

Plenty of room to grow.

If you are trying to establish credit try and remember that the size of the limit has little to do with building credit.

You will probably grow to like L/Os a lot.Good luckMike

Remember that a card has two sides, but some people over do this by cluttering it with too much information.

You're not going to be able to compete with the experienced investors, and you can get yourself into some real trouble if you're not prepared for what you're doing.I'm not sure how far into your career you are, but remember that there is no rush.

The location is optimally situated in a busy and constantly growing commuter hub and professional district.Although at present I am not a real estate investor in a traditional sense, the requirements of my operation has indirectly brought about an significant interest in it.I hope to be able to use this site as a meeting point for local investors and/or private lenders interested in discussing both short and long term opportunities.Thanks again for allowing me to introduce myself and I look forward to working on many exciting possibilities through this site.Best, Christian Crespo

Remember legal aide is free to your renter.