Now  The likelihood of me ever having 100 million net worth is slim to none, but I guarantee you it’s 1000 times higher for me to get there then the person working 40 plus hours a week and buying their lottery tickets.   

I use Ben Ritterspach at Byas Law...attorney of record for Great American Title Agency...he drafts all of our notes/mortgages, resolutions, guarantees, deeds, etc...glad to make an intro. 

Good luck finding a reputable lender that will loan to a brand new llc without a personal guarantee from someone with assets and experience.

It's no guarantee but it's a good place to start.

My wife has a federal loan as well but the interest rate is far more reasonable than the loan I detailed above.So I have a guaranteed 7.59% return and an extra ~$350 in my pocket if I pay this loan off.

I am hiring a part time handyman for each region at $20/hr and guaranteeing 10 to 20 hrs a month, most of it being work that can fill in as their schedules allow.

I guarantee there are agents that could tell you market value within minutes and then back it up with factual data.

Why would you want every investor to personally guarantee the loan?

Although, due to the properties condition I could see how it could be better off to lessen the risk and walk away with “guaranteed” pay.

On the bidding site it has a link to the property appraiser site for the “lot”.......100sf“Northerly 1’ of lot xxx”An aerial showing the strip as a red line (the site shows lots perimeters in red)“land value $50”“No building”In addition the bidding site page tells you “to do a title search, no representations made....”There are also boxes you have to check off to enter the bid site telling you there are no guarantees, talk to an attorney, etc.