So, I've decided, after about a year of research, and a miserable year at the JOB, to jump in with an initial plan.I lived in this house for about 5 years now.

Anything else that would generate more cash flow would be a possible negative am.

This is outside of the normal loan fees like title, inspection, processing, etc.1pt = 1% of the loan amount.With most hard money loans all of the costs are taken out upfront from the initial loan.

We talked about this on another thread and there seems to be no reason to use more than 2 notes at the most.Humm-now let me think about that :idea: You could possibly do this as a wrap where you are initially structuring a 2nd and a 3rd behind a first but, you would have to make sure you set this up in a way so that you could quickly sell off the second at enough money to pay off the first-so that 2nd would become a first once the 1st was paid off at the note sale/funding....

One thing to remember is land investment is a non-revenue (meaning long term or speculative) generating investment therefore the money invested is throw-away until you sell.

I tried expaining that your credit score will probably go down when you initially purchase.

Real estate agents in the US can lose their licenses if they talk to you about how much income you're going to generate, as a matter of fact.

They get a realtor to come in and tell them "oh, this is nice....I feel confident listing this for $220k" but you have no idea if they got a dime over their initial investment or got more than the listing price.

i think the thing myself and the other newbies need to focus on is turning that initial profit, as i mentioned previously.

Also you have the ability to earn extra income with our Lending company that will process all the loans you generate and give you 35% of lending cost.