My attorney has been encouraging me to get the latter to originate our own loans but, to date, it’s been just too easy to for us to use our broker.

My current employer just purchased land in PlanoMost likely operating within next 5 yearsDefinitely keep us posted on your market and your development.Marketing can be kind of tricky (costly)You have to steadily keep adjusting your marketing techniquesI do not currently know the Texas market, but here a few names to search for threads on marketing and your local community environment Jon Klaus , Jerry Puckett, and Michael Quarles ( just for starter )You will find a lot of great expert philosophy on marketingUtilize the Keyword Anlayzer – e.g.

hmm...I'm not sure if I'm fully onboard with his philosophy, but he makes a lot of good points.

First, if your goal is to quit your day job and live off your rentals, I'd encourage you to make the transition to multi-family as fast as you can.

I don't want to be a naysayer, I instead view it as a way to encourage you to go after what it is you were passionate about enough to investigate investing in real estate in the first place!

I know there are different philosophies on this, but I think Steven J. has an excellent point.

Sounds encouraging.

@Jay HinrichsIts a different world Jay.For some investors its hard to swallow so I encourage that it might not be the right investment for them.It sure is.

@Steve Endress Thanks for the encouragement of knowing that this strategy can pay off.

Now, if the listing agent thinks your offer is better for the seller (I can imagine a few situations where it wouldn't be), the agent could inform the bank that there is an offer that would satisfy the full lien, and "encourage" the bank to decline the current contract.