All Forum Posts by: Ralph E.

 @Elizabeth Colegrove What do you mean by "Personal property is 3.5% or less (of what?)?

Do you mean 3% down for a conventional loan?

0% down with a USDA Rural loan?

Did you give an earnest money deposit to a private owner to get into a house?

Thanks for replying!

Thanks for your help in advance.

If you only had $2,100 seed money, could you easily turn it into more seed money, through some type of real estate investment?

And if so, how would you do it?

 The sell info on how to find notes, etc., which you in turn send to them, they tell you how much they'll buy the note for, then you tell the note holder how much you can buy the note for, by offering a bit smaller amount than what charter is going to pay you.

It's says on their website that once the note holder agrees to sell, either the finder can do all the work, or they (Charter Financial) will do the work for no fee to me, to buy the note.

I found out about this company years ago, know they have an A rating, with 1 complaint with the BBB in the last 12 months.

I just want to see if anyone on BP has made money finding notes, annuities, lottery winnings, business notes, mortgage notes, etc., by referring the notes to Charter Financial for a referral fee?

I wanted to know if anyone has had sucess, or has heard of anyone who has been successful by partnering with Charter Financial to buy discounted notes, lottery winnings, etc?

Thank you for all the replies!

How would you get cash flow, and sell for a profit, by using an FHA loan to acquire a 2-4 unit property?

I am trying to figure out how to make this work, as in, what I need to do to be able to make cash flow, and to later sell possibly, and to do it in time so I am not taxed higher.

Could you make a profit off of this home for sale by owners? http://bit.ly/VM0b3z

And if so, how would you do it? Would you use creative financing, private lender, hml, etc?

Curious to learn how experienced investors would make this work, if there is profit to be made.

 Thanks for the reply Chris!

I would provide the land, and I might provide the cabins, or let them provide the cabins, with the renter paying them off, with some extra profit for helping me.