We want to go in together and become a entity under a company name that we can grow with, not individual buyers.

I turn them over to a mortgage broker I have and he either gets them financed or someone else does or they don't get financed.Well I think there might be a solid demand for private lenders interested in these mortgages and other lending opps I come across daily.

We are individuals who buy real estate (single family houses, duplexes, multiple apartment units, commercial properties, etc.) for profit.

What about buying in an entity and not as individual (which I plan on doing anyway for tax and liability reasons)?

I am thinking, why not split off the back house and sell it individually?

I got myself involved with some individuals in the midwest and are now connecting deals for REO's in Chicago.

Check out California's Mortgage Foreclosure Consultant Act at Civil Code 2945.4(a): "It shall be a violation for a foreclosure consultant to:(a) Claim, demand, charge, collect, or receive any compensation until after the foreclosure consultant has fully performed each and every service the foreclosure consultant contracted to perform or represented that he or she would perform."

I've been told that letters aren't the most effective way to contact owners of large apt. complexes.Supposedly, the best way to get into the loop and have the first crack at purchasing larger multi-family properties before they hit the market is to (1) network with commercial real estate professionals such as Scott the CCIM (2) join commercial real estate organizations such as the IREM, BOMA, NAA, and ICSC or befriend individuals that are members (3) approach a property owner in the flesh and (4) network some more.You agree Scott?

You can't compare Ohio to California, it's two different demographics, locations and situations.NYC is seeing new high's for selling prices still... because there is little new land for more condos (supply) and people want to live in the city (demand) and have the means to pay for it (demographics)Demand and Supply.......... why do you think its cheaper to buy out in the middle of nowhere....then it is in a congested suberb right outside the city....Economics 101 In the end its a personal preference.. why anyone would pay $500k for a 2 bed house is the wrong question.. because its all relative to location,location,location Asking why anyone would pay 500K for a house in _________ (ie. detriot) would be a better question

I am a doctoral student with: [list]little debt (car loan and 35k in student loans), little assets (3k in an index fund, 7k in a target retirement fund/Roth IRA, 1k in individual stocks, 5k in cash), little income (just my student stipend of less than $20,000/year and another $2-3000 from web design and illustrating jobs on the side), and a little family (wife and two kids).