At the same time, that 5 or 10% could stay in my account as an emergency fund.

2 % isn't keeping up w/inflation)IRA's..3.5% STILL < REAL inflation #'s(I don't need Greenspan 2 tell me stuff is costing more...I SPEND that $$ he's talking about)Keough accounts, same as IRA's401K's a hair better, & w/matching employer funds, pretty decent...maybe 7%Stock Market....sky's the limit, right?

I do ask you for Proof of Funds and/or a Letter of Approval from your lender.Here is how you can contact me:Tai’ (404) [email protected]“Don’t Keep Me A Secret!”

Our office specialty is dealing with pre-construction here in South Florida.My wife has been in lending for most of her career and together we are now starting to get into RE investing.Mostly because stock and bonds lost our confidence and RE seems to be so much more profitable.

How about asking them to show you proof of funds.

Funds are designated for certian costs of the project, excluding land costs.and certian soft costs.

We evidently did not know what we were doing, and it was painfully clear that our ignorance was costing us dearly.Somehow we stuck through it and managed to scape up enough funds to buy, fix up, and sell our next rehab deal.

It certainly beats the crap out of working an additionl 40 hrs/week to gain overtime salary.Maybe it's more like this-- it's better ROI to put your cash in a money market account than keep it under your mattress; but it's better to put it into an index fund than a money market; better still to select a prize-winning stock; better still to correctly pick hedge funds/explosive growth companies, etc., etc.

Why would someone trust you and get into a deal with you if you do not show them some proof of funds?

I fund in 30 days or less and make the process smooth.