HOW TO BUILD WEALTH

Former CPA, tired of sitting in office, starting real estate investing, mortgage investing
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criteria for mortgage paper purchase
(2006-04-26 16:24:14)
Wehaveaclientwhobuyallthenotes,ifyoucangivemetheanswersforthefollowing,Icangiveyouthequoteincoupledays. -TypeofProperty -Payor'sCreditscore -PropertyValue -OwnerOccupied -SalesDate -SalesPrice -Downpayment -StateandCity -FaceValueofNote(SalesPriceminusDwnpayment) -NoteBalance -InterestRate -Mthlypaymentamount -#ofpaymentsmade -#ofpaymentsremaining -When1stpaymentmade -Nextpayment...[阅读全文]
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The first expensive landlord lesson
(2006-04-26 16:12:53)
MyfirstrentalpropertygotburnedlastMondaynight.04/17/2006.Iwasprettyshocked.Atthemeantime,IhavetothankGodthatNOoneisinjured.ThewholemobilehomeIcheckedtodayisprettymuchbeyondrepair.Duringthewholeprocess,itishardtoswallow.ThemajorleasonIlearnedisthatyoureallyneedtomakesurethereisaSMOKEDETECTORandyouneedtobuythefiredistingushertoyourtenant.Atthemeantime,makesureyouhaveenoughFIREdamagecoverageforthehou...[阅读全文]
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