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please forgive me if i've asking this question in the wrong location.
We own a home that is free an clear. the problem that we are having is the banks are telling us we cant pull any equity out of it since we don't live in it. Has any one else out there ran into that problem. we have had it now for 5 months

I have a relative who has two duplexes in a rural part of North Florida that he cannot afford to do anything with. They are in pretty shabby condition and will require quite a bit of work to get into shape for anything (new roof, plumbing, electrial, appliances, etc). How can I get this property from him and how do I get funding for renovations.

We are just starting out and we are looking for others who are DGers throughout California and Nevada. We live in eastern CA and hope to work with others. We are focusing on Assignments to start with and work into REO's. Would like to hear from others who are newbies as well as experienced investors.

We have 21 turn-key SFR properties ready to go in Detroit. (pics below)

They are all...

1) Rehabbed (need nothing)
2) Solid section 8 tenant occupied
3) Have local management in place

After taking out taxes, insurance & management costs,
the cash on cash return is still 16.55%

We would prefer to move the whole 21 package at once.

We will consider breaking it up into smaller groups for the right buyers.

Call me right now if you want 16.55% return on your
investment & can absolutely close quickly.

Good luck!

Thanks,

Jay von Mohr
Mohr Equity

PS) We also have 23 turn-key SFR properties in Memphis
ready to go now as well.
__________________

Jay von Mohr
Mohr Equity
http://www.incomepropertycash.com

I received a call from DG's office and during the conversation my phone died....battery went flat. Please Do Not Think I was being rude.

Total not what happened. I deeply apologise for the
inconvenience.

Even though I missed a great deal...I feel bad for what happened.

Many apologies, you guys are The Best!

Blessings To All!

It's 1 am and I'm finally done for the night!

Here's what I did:
Answered my emails (no PMs again today)
Sent out a couple PMs
Read a couple of journals
Met with my new RE agent (FINALLY) and am excited to be moving FORWARD!!!
Did tonight's mentoring call
Downloaded a number of the mentoring calls
Went through the lists the agent emailed to me (will need to pin the cash solds and look for pockets)

Posted my dailies and calling it a night.

Till tomorrow (actually Later...)