Real Estate Investing Questions Teleseminar

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On September 3rd, 2009 we held a Q&A session for Rev N You readers. Listen as we answer the following real estate investing questions:

  1. For a beginner with no funds and low credit score where is the best place to start in today’s market?
  2. As an individual with no money to spare and sketchy credit, who do I turn to for money and how do I make them as confident as I am that I can make money for all involved?
  3. How do you structure a JV partnership?  Does the JV partner get registered as a mortgagee?  How does the bank view this?
  4. Do the items taught / discussed in your Real Estate Millionaire: The Essential Starter Course program apply to real estate practices in both Canada & the U.S.?
  5. I want to purchase a rental property with a self-directed IRA plan. I do not have enough money to purchase without a mortgage. Very difficult to finance. How can I do it? This property is a single family in the Tampa Fla area with a good positive cash flow. Hard money is an option; but the interest rates are too high and would wipe out cash flow. I want to purchase and hold for cash flow. Any suggestions?Should I take the hit and move the money out of my IRA and pay a penaltyor wait till I am 59.5 in October 2010.

Published on September 5, 2009

Julie Broad