peter@amakya

Let’s see if I can get the private money you need. Call me on 210 523 9990 on Friday.

The whole premise of the Trusts is to take control without being on the note. The down side is very often one leaves transactions that pay big time. Houses are available at 50% of FMV and to finance these it the trick.

Now back to your deal. If by setting up a new loan will change the numbers wherein you can make a reasonable profit, why turn…[Read more]

Provide the numbers work in your favour, then it is no big deal to finance in your name. You then open a few options which maybe hugely advantageous to your retirement pans, amongst which a house can be rented for the long term, producing income for years to come.

The basic number for a rental to be a good profit center would be to take the…[Read more]

Goodness I’m away for awhile and you guys go off at a tangent!

A little from South Texas.

1. The Trusts is not a Lease to Own, Lease Option, WRAP or any of these things although it will mimic them to a degree. The truth is it is an offer to purchase at a future price or put more succinctly, an offer to purchase with a right of first…[Read more]

Change the notary. Try the local bank for instance.

This is interesting. If the HOA has any leadership, they will know they are in first position and can foreclose at anytime. The mortgage companies will usually fess up the arrears. This is important to know as there is little incentive for the HOA/Managment Company to work with investors as the longer they leave the HOA fees outstanding the…[Read more]

Spread the word Cork.

I notice a whole lot of people bashing the banks, while there is a whole a lot who are working in the system and ‘making money out of thin air.’

Using the time one would use for bashing and turning it into found time to go to the next transaction is a good idea. I have found wasting energy is not productive. It tends to…[Read more]

In view of the entrenched position of the banks and the time it would take to alter the system, my view is switch this argument around and become a banker! It is quite easy actually. Acquire an asset, usually real property and get it producing cash flow each and every month. The more you get in monthly payments the greater its value as the price…[Read more]

Hi Cork

All the above. The ideas to to cast a net with small holes (catch everything), then one bigger holes until I can filter out the smalls and find the right size transaction.

Kind regards

Thanks David. Makes it a whole lot clearer. Maybe the mud in the water is finally settling and we can see where we are going.

The board is working as advertised. Thanks

Ha, ha Bill, you are the culprit.

The heading of the email was very off putting (new word structure). Oh and as a serious suffer of the spelling dysfunctional syndrome, as were some of our well know forefathers, Washington being among them, I think an bouquet should be awarded for getting only one (won?) word incorrect out of 61. Normally that…[Read more]

Oy, caught in the linguistic morass. A Credit Union will do. A thought. If you have a Trust home and the RB is not performing i.e. buying the home, but the monthly income is good enough, you may feel it worthwhile to change the loan into your name and take advantage of the very low rates. You could save as much as $200 a month on $100,000. …[Read more]

Hah, me thinks it would be better to retire, but a little further south than Gary’s family. Just west of Carcassonne and south of Toulouse is a little village some of us call the second home, Bezac. The house dates at least to the Roman times. Wonderful.

Shot, Gary

I have no idea why they would do that. Maybe you need to talk with Equity Holding Corp – Tom Standon and find out what they do. I do my own collections for my rental properties, but hey, the trust are simply rentals if one looks at the Use and Possession Agreement.

Being a reprobate is fun! Just do not be one.

Ah, Scott, I got an hour ahead of myself!

Cork, I vote with you.

It is amazing to me the number of new ideas being brought to market every few years. As the old is proved to be problematic a new appears, much of the same with a different twist. Yet we do what we do quietly and do not change. Seems we have strength and we need to play that up