All Forum Posts by: Clifford Paul

For low down payment try building a relationship with one of your local credit unions that does portfolio lending. I have a 30 year relationship with mine and they give me 5% down no PMI. I'm currently working on a 12 unit for 1 million. With 40 loans closed 41 on Friday they know and trust me.

https://www.biggerpockets.com/forums/223/topics/58...

@Kevin Sack

Check out my the link above. I did what your professor did. 

[IMG]http://i67.tinypic.com/2mg9xcg.jpg[/IMG]

2016 Corvette - wife's daily driver

2015 Alfa Romeo 4C - my toy

2017 Ram 2500 - Travel trailer, dog & horse hauler

Paid cash except for Alfa, my credit union gave me 0.89 percent for 36 months. It's paid off now.

Welcome to BP!

Welcome to BP!

Welcome to BP! 

Congratulations!

This is awesome! Thank y'all for making this happen. I look forward to donating to such a worthy cause. 

My wife and I have been very lucky and blessed through real estate. We have given one home away to my brother-in-law after he became to I'll to work construction anymore. 

Was planning to do the same for my sister but her condition was worse than her doctors thought. Cancer had completely spread throughout her body and she passed away.

@L J.

Congratulations LJ, you made it past the 20 year mark. Getting that 20 year letter is such a good feeling.

Not wrong with becoming an accidental landlord. It's made a lot of people rich.

God bless and happy independence day!

@Thomas S.

You are correct Thomas, I don't actually know much other than cash flow today after expensive. I've been doing this way for 35 years now. It's worked pretty well for me so far. When I sold my 32 doors in 2007 my net worth in cash doubled. I never have touched that money. 

I can live very well for the rest of my life without owning my crash pads or my other 4 rentals. I'm certainly not an expert and don't pretend to be one. I'm just a guy telling his story and hope it might inspire someone to take that first step.