Investment Property Loan

Paying back a real estate investment loan?

I have just bought a piece of property to update/repair and sell. The cost was a little over 100K and should sell for close to 140K. My loan is for Cost of house + updates. I have kept a little money aside for back up, in case it takes longer to sell than I think. I have done this once before and paid the loan off in full once I sold the house and used the profit on that to use as a down payment for this house. On this loan, should I pay it back in full or should I pay minimum payments on that loan so I will have more money(1031) to put into a new investment property(flip)? Is there any advantage to either? Are there any other loan pay-back strategies that I might consider?

The loan has to be paid in full. Otherwise you won’t be able to sell it. This is a good time to buy real estate but not to sell it. If you can’t hold the property you may want to reconsider Investing at this time.

Investment Loans Overview for Purchasing Rental Property

Victor 1530-6 Desktop Calculator 10-Digit Fluorescent Two-Color Printing Clock/Calendar Displays $162.99 Victor 1530-6 Desktop Calculator 10-Digit Fluorescent Two-Color Printing Clock/Calendar Displays…

Quicken Rental Property Manager 2011 – [Old Version] $65.96 It shows how your rental properties are doing and where you’re spending at a glance. The Intuit Quicken Rental Property Manager 2011 Software identifies tax-deductible rental property expenses so you can maximize your tax deductions. It shows which rents have been paid so you know who owes you money and stores lease terms, rental rates and security deposits for each tenant….

Infinity Softworks powerOne RRE for Handheld v1 $34.99 New, powerOne™ RRE combines powerOne Personal+ and 17 templates for calculating residential property loans, qualification and commissions. Reasons to choose powerOne RRE include: · Have the same software no matter which computer you are using: Palm OS, Pocket PC, and Windows. (Depending on the version you purchase.) · Carry a single computer for all your needs without losing your calculato…

Real Estate Investing For Dummies, 2nd Edition $12.98 Real Estate Investing For Dummies, 2nd Edition, is completely revised and updated to help you overcome the challenges and and take advantage of the opportunities in any real estate environment, including a down market. But Eric Tyson and Robert Griswold’s core message remains as relevant today as it did upon the initial publication of Real Estate Investing For Dummies — investing in real estate i…

The Pre-Foreclosure Property Investor’s Kit: How to Make Money Buying Distressed Real Estate — Before the Public Auction $4.93 Pre-foreclosure real estate is one of the hottest investment opportunities on the market. The Pre-Foreclosure Property Investor?s Kit offers step-by-step instruction and no-nonsense advice on how to find great deals, estimate fair market value, negotiate with sellers, sell your property on your own, and win big in real estate. You?ll learn how to get the best deals on foreclosure properties before…

Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth $12.24 “Matthew’s newest book, Investing in Apartment Buildings, couldn’t have come at a more poignant time in our lives. He offers a modern day, step-by-step survival guide for the ever growing economic war on the middle-class. Win your own financial war by arming yourself with Matthew’s systematic, hands-on experience and sound principals for investing in apartment buildings.” –Ryan Zahoruiko, …

How to Make It in America ‘Investment – Loan’ T-Shirt $24.95 Investment ” Loan. What’s the difference? Money is money, man.

Smarter Property Investment:Ways To Make More Out Of Residential Property Investment $22.49 Making a profit from investing in residential property is not the surefire success it's cracked up to be. This 3rd edition of a successful book spells out the pitfalls to avoid when investing in residential property and tells you how to make smarter investments in these properties. The property market can seem like a maze, especially if you're thinking of buying a home for the first time. Investing in property is not the sure route to success and profit it once was – you now have to be smarter to make your investment in residential property perform well and not drag you down. Now extensively revised throughout, this bestselling book tells you how to invest smarter by: * selecting the best possible property in terms of purchase price, ongoing costs and potential for capital gain; * understanding when and how to negotiate with financial institutions to get the most advantageous loan; * recognising your own attitudes to risk and reward; * understanding how the government uses the tax system to encourage wealth creation within specific guidelines, and how it penalises attempts at wealth creation that move outside those guidelines; * building a team of experts around you, each of whom is indebted to you; * being aware of the most common mistakes people can make when they buy a home; * analysing the advantages and disadvantages of investing in different types of property; * finding the 'hot' suburbs; * understanding the impact of the GST and whether you should register.

Mortgage Loan $106.74 A mortgage loan is a loan secured by real property through the use of a document which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan. However, the word mortgage alone, in everyday usage, is most often used to mean mortgage loan.A home buyer or builder can obtain financing (a loan) either to purchase or secure against the property from a financial institution, such as a bank, either directly or indirectly through intermediaries. Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan, and other characteristics can vary considerably. In many countries, though not all (Iran and Bali, Indonesia are two exceptions, it is normal for home purchases to be funded by a mortgage loan. Few individuals have enough savings or liquid funds to enable them to purchase property outright. In countries where the demand for home ownership is highest, strong domestic markets have developed. Author: Miller, Frederic P./ Vandome, Agnes F./ McBrewster, John Binding Type: Paperback Number of Pages: 136 Publication Date: 2009/11/24 Language: English Dimensions: 5.98 x 9.01 x 0.31 inches

Property Investment Theory $201.79 No Synopsis Available

Property Investment and the Capital Markets $43.83 No Synopsis Available

The Guide to European Property Investment $48.75 No Synopsis Available

Smarter Property Investment : Ways to Make More Out of Residential Property Investment $20.75 No Synopsis Available

Property Investment Decisions : A Quantitative Approach $90.91 No Synopsis Available

Property Investment Appraisal, 3rd Edition $82.87 No Synopsis Available

FHA Mortgage Loan Origination Made Easy $34.44 The FHA Loan Origination Guide is the perfect source for new and seasoned loan originators, loan processors, and mortgage trainers who need to learn FHA in a snap. The guide is in depth and loaded with information to guide you through originating FHAinsured mortgages. Its perfect as a textbook for training classes. This guide discusses: Terms, Program Types, Loan Amounts, LTVs, Minimum Cash Investments, Property Eligibility, File Submission, Automated Underwriting, Closing Requirements, and much, much more. For those who may be just starting in the industry, check out the sections on: setting up your website, attracting customers, advertising, staying organized, and how to become and expert in the mortgage field. This resource guide is a must have for Mortgage Professionals. Author: Series, Mortgagepro Binding Type: Paperback Number of Pages: 194 Publication Date: 2010/05/15 Language: English Dimensions: 8.50 x 11.02 x 0.41 inches

Bank BailOuts and Loan Portfolio Risk $108.33 The Chinese banking sector is one crucial factor of the countrys transition towards a market economy. Financial intermediation the channelling of bank deposits into investment projects is one of its main tasks. Economic theory finds that without a hard budget constraint for banks the efficient monitoring of credit users implementing such investments is not assured. In China, however, the legacy of socialist directed lending practices still impacts the risk taking of financial intermediaries. Major banks expect government to bail them out in case of financial failure. Such bailout expectations constitute a soft budget constraint and induce higher risktaking. This study investigates the impact of bailout expectations on the loan portfolio risk of Chinese banks. After developing the theoretical case for a hard budget constraint imposed on a financial intermediary to make delegated monitoring both efficient and viable, an overview of major reform steps in the Chinese banking sector in the last two decades is provided. By employing balance sheet data of Chinese financial institutions, the empirical analysis finds a significant effect of bailout expectations on risktaking. Author: Borger, Tobias Binding Type: Paperback Number of Pages: 60 Publication Date: 2010/10/29 Language: English Dimensions: 6.00 x 9.02 x 0.14 inches

The Truth about Your Bad Home Loan $43.5 If every defaulting loan followed the advice in this book, this country could avoid increases in homelessness, crime, domestic abuse, broken neighborhoods, and so much more. Keeping these families in place as long as possible, and maintaining the property, is in the best interest of the borrower, lender, neighborhoods, law enforcement and government. Sandy White offers: State specific resources for filing complaints; The stages of foreclosure and eviction; Foreclosure scam awareness and the law; An understanding of options that may help save money; How and why you should stay in your house as long as possible. The information in this book will help get your voice heard, document your position, and possible recourse against the people that violated your trust. This book is a must read for anyone with a bad mortgage loan, industry professionals, and those seeking a future mortgage loan. Author: Sandy White, White Binding Type: Paperback Number of Pages: 180 Publication Date: 2008/02/01 Language: English Dimensions: 9.00 x 6.00 x 0.41 inches

Global Property Investment : Strategies, Structures, Decisions $76.04 No Synopsis Available

Investment Return and Property-Liability Insurance Ratemaking $12.63 No Synopsis Available

Property Casualty Insurance Investment Management Handbook $112.13 No Synopsis Available

106 Mortgage Secrets All Borrowers Must Learn – But Lenders Don’t Tell $0.25 The only guidebook that shows you how to finance any property—with or without bank approvalWould you like to discover all of the many ways that you can finance real estate? Want to learn how to cut your financing costs, avoid pitfalls, and negotiate the best terms? Then let Gary Eldred’s 106 Mortgage Secrets All Borrowers Must Learn—But Lenders Don’t Tell, Second Edition guide you. Fully updated, this practical guide explains how today’s changing mortgage market really works. Unlike other mortgage guides, this book goes beyond traditional bank-originated loans and shows you how to benefit with seller financing, assumables, subject-to, wraparounds, lease options, foreclosures, and other money-saving possibilities.106 Mortgage Secrets also protects you from the sharp practices of loan reps that have recently sparked Congressional hearings and multiple state investigations. In addition, Eldred shows how and why the right financing decisions can add tens (and sometimes hundreds) of thousands of dollars to your long-term net worth. With these 106 secrets, you’ll build the confidence and the knowledge to:Increase your borrowing powerObtain the lowest interest rateUnderstand the true pros and cons of ARMsCut (or eliminate) the cost of mortgage insuranceSave big with seller financing, assumptions, foreclosures, and REOsStrengthen your credit profile and credit scoreAvoid getting taken… by the fine print and garbage feesSteer clear of scams and unprincipled loan reps and lendersAccumulate wealth through homeownership and investment propertiesSimple, concise, and comprehensive, this book reveals everything property buyers need to know—especially the 106 financing secrets lenders too often omit.

Australian Real Estate $9.62 Purchase includes free access to book updates online and a free trial membership in the publisher’s book club where you can select from more than a million books without charge. Excerpt: Negative gearing is a form of financial leverage where an investor borrows money to buy an asset, but the income generated by that asset does not cover the interest on the loan. (When the income does cover the interest it is called positive gearing.) A negative gearing strategy can only make a profit if the asset rises in value(capital gains) by enough to cover the shortfall between the income and interest which the investor suffers. The investor must also be able to fund that shortfall until the asset is sold. The tax treatment of interest expenses and future gain will affect the investor’s final return too. Tax rules vary from country to country. Negative gearing on property is currently only found in Canada, Australia, and New Zealand, all countries in the Commonwealth of Nations. In Australia, negative gearing usually refers to borrowing for a residential investment (e.g. a house or unit) which is rented out. In most places rents are less than the interest on property value, and the investment thus results negative gearing if the investor borrows, for instance, 80% or 90% of the cost. Loans of up to 100% are possible. The same sort of borrowing to buy shares whose dividends fall short of interest costs is also called negative gearing. The loan to finance such a transaction is called a margin loan. This has been very common and pushed by many financial planners during the bull market up to 2008. Importantly the tax treatment is the same, so any investment made where the funding costs exceed the income return is referred to as negative gearing. Negative gearing payments made by the Australian Commonwealth government to landlords suffering a loss went from $600 million in the 2001-02 tax year to some $3.9 billion in 2004-05. This was also … More:

Careers in Real Estate $14.95 VGM’s Careers in Real EstateToday, the field of real estate is hotter than ever!The field of real estate involves the sale, management, and analysis of land and properties and is one of the largest segments of our economy–which translates into excellent job opportunities for those with outstanding analytical skills and entrepreneurial drive.Because an increasing number of people are buying and selling homes, there’s a growing need for brokers across the country. People enter the field of real estate for a variety of reasons, including high earning potential, the ability to work close to home, flexible hours, the chance to be their own boss, and lucrative investment opportunities. In addition, there are many interesting career paths you can pursue, requiring all levels of education and training.In Careers in Real Estate, you will find out about the variety of jobs in this field, including working as an urban planner, land broker, residential agent, property manager, appraiser, mortgage loan processor, and more.In this third edition, you will find up-to-date salary statistics and descriptions of the work culture that paint a comprehensive picture of what to expect on the job. Careers in Real Estate also includes advice on where and how to fulfill educational requirements as well as the names and addresses of professional organizations for further information–everything you need to enter the exciting field of real estate!

Financing Real Estate Investments For Dummies $11.55 Your practical guide to scoring cash to fuel your real estate investmentsWant to be a smart, successful real estate investor? This no-nonsense guide contains everything you must know to make the right choices about financing your investments — from the various options available and the impact on cash flow to the tax implications and risk factors involved. You also get tried-and-true tips for surviving a down market and using current investments to finance future ones.A crash course in real estate financing — understand standard terms and concepts, learn the various sources of investment capital, and gather all essential facts and figures Weigh your options — decide which type of financing is best for your circumstances and incorporate it into your real estate investing plan Finance residential properties — evaluate residential loan programs, navigate the loan application and processing, and handle the closingInvest in commercial properties — know the different property types, choose the one that meets your investment goals, and discover unique sources for financingTap into unconventional sources — discover the pros and cons of “hard money,” capitalize on seller financing, partner to share risk and equity, and invest on the cheap with no-money-down dealsOpen the book and find:Real-world advice on financing without tying up all your capital How to get prequalified or preapproved for a loan Questions to ask your lender upfrontWays to avoid common beginner blundersHow to protect your personal assets from investment risks Bargain-hunting hints for low-cost loansStrategies for surviving a credit crunchTen pre-closing steps you must take

Financing Real Estate Investments For Dummies $21.99 Your practical guide to scoring cash to fuel your real estate investmentsWant to be a smart, successful real estate investor? This no-nonsense guide contains everything you must know to make the right choices about financing your investments — from the various options available and the impact on cash flow to the tax implications and risk factors involved. You also get tried-and-true tips for surviving a down market and using current investments to finance future ones.A crash course in real estate financing — understand standard terms and concepts, learn the various sources of investment capital, and gather all essential facts and figures Weigh your options — decide which type of financing is best for your circumstances and incorporate it into your real estate investing plan Finance residential properties — evaluate residential loan programs, navigate the loan application and processing, and handle the closingInvest in commercial properties — know the different property types, choose the one that meets your investment goals, and discover unique sources for financingTap into unconventional sources — discover the pros and cons of “hard money,” capitalize on seller financing, partner to share risk and equity, and invest on the cheap with no-money-down dealsOpen the book and find:Real-world advice on financing without tying up all your capital How to get prequalified or preapproved for a loan Questions to ask your lender upfrontWays to avoid common beginner blundersHow to protect your personal assets from investment risks Bargain-hunting hints for low-cost loansStrategies for surviving a credit crunchTen pre-closing steps you must take

Friends & Family: A Story of Violence in the City of Brotherly Love $14.95 New – Having guaranteed a loan to help a high school classmate buy property, some years later Thomas Murdock finds himself enmeshed in a questionable real estate scheme. He has just completed his graduate studies at the Wharton School and been hired by the Wambolt Company, the oldest investment advisory firm in Philadelphia. His accidental discovery that the Wambolt family is connected to the real estate transactions exposes generations of family grievances. A lot of money is involved and bodies

Friends & Family: A Story of Violence in the City of Brotherly Love $14.15 Used – Having guaranteed a loan to help a high school classmate buy property, some years later Thomas Murdock finds himself enmeshed in a questionable real estate scheme. He has just completed his graduate studies at the Wharton School and been hired by the Wambolt Company, the oldest investment advisory firm in Philadelphia. His accidental discovery that the Wambolt family is connected to the real estate transactions exposes generations of family grievances. A lot of money is involved and bodie

Friends & Family: A Story of Violence in the City of Brotherly Love $14.95 Used – Having guaranteed a loan to help a high school classmate buy property, some years later Thomas Murdock finds himself enmeshed in a questionable real estate scheme. He has just completed his graduate studies at the Wharton School and been hired by the Wambolt Company, the oldest investment advisory firm in Philadelphia. His accidental discovery that the Wambolt family is connected to the real estate transactions exposes generations of family grievances. A lot of money is involved and bodie

Friends & Family: A Story of Violence in the City of Brotherly Love $13.18 Used – Having guaranteed a loan to help a high school classmate buy property, some years later Thomas Murdock finds himself enmeshed in a questionable real estate scheme. He has just completed his graduate studies at the Wharton School and been hired by the Wambolt Company, the oldest investment advisory firm in Philadelphia. His accidental discovery that the Wambolt family is connected to the real estate transactions exposes generations of family grievances. A lot of money is involved and bodie

Friends & Family: A Story of Violence in the City of Brotherly Love $14.15 Used – Having guaranteed a loan to help a high school classmate buy property, some years later Thomas Murdock finds himself enmeshed in a questionable real estate scheme. He has just completed his graduate studies at the Wharton School and been hired by the Wambolt Company, the oldest investment advisory firm in Philadelphia. His accidental discovery that the Wambolt family is connected to the real estate transactions exposes generations of family grievances. A lot of money is involved and bodie

Friends & Family: A Story of Violence in the City of Brotherly Love $15.14 Used – Having guaranteed a loan to help a high school classmate buy property, some years later Thomas Murdock finds himself enmeshed in a questionable real estate scheme. He has just completed his graduate studies at the Wharton School and been hired by the Wambolt Company, the oldest investment advisory firm in Philadelphia. His accidental discovery that the Wambolt family is connected to the real estate transactions exposes generations of family grievances. A lot of money is involved and bodie

Friends & Family: A Story of Violence in the City of Brotherly Love $14.15 Used – Having guaranteed a loan to help a high school classmate buy property, some years later Thomas Murdock finds himself enmeshed in a questionable real estate scheme. He has just completed his graduate studies at the Wharton School and been hired by the Wambolt Company, the oldest investment advisory firm in Philadelphia. His accidental discovery that the Wambolt family is connected to the real estate transactions exposes generations of family grievances. A lot of money is involved and bodie

Friends & Family: A Story of Violence in the City of Brotherly Love $13.18 Used – Having guaranteed a loan to help a high school classmate buy property, some years later Thomas Murdock finds himself enmeshed in a questionable real estate scheme. He has just completed his graduate studies at the Wharton School and been hired by the Wambolt Company, the oldest investment advisory firm in Philadelphia. His accidental discovery that the Wambolt family is connected to the real estate transactions exposes generations of family grievances. A lot of money is involved and bodie

Friends & Family: A Story of Violence in the City of Brotherly Love $15.14 New – Having guaranteed a loan to help a high school classmate buy property, some years later Thomas Murdock finds himself enmeshed in a questionable real estate scheme. He has just completed his graduate studies at the Wharton School and been hired by the Wambolt Company, the oldest investment advisory firm in Philadelphia. His accidental discovery that the Wambolt family is connected to the real estate transactions exposes generations of family grievances. A lot of money is involved and bodies

Friends & Family: A Story of Violence in the City of Brotherly Love $13.36 Used – Having guaranteed a loan to help a high school classmate buy property, some years later Thomas Murdock finds himself enmeshed in a questionable real estate scheme. He has just completed his graduate studies at the Wharton School and been hired by the Wambolt Company, the oldest investment advisory firm in Philadelphia. His accidental discovery that the Wambolt family is connected to the real estate transactions exposes generations of family grievances. A lot of money is involved and bodie

Getting To Closing! $4.98 “Getting To Closing” will give you the insider information you need to understand and navigate the residential real estate loan process. This book explains the details of the mortgage process, the loan application and disclosures, and even tells you how to save thousands of dollars on your mortgage once you have it. Cheryl Peck spent ten years as a Mortgage Broker, closing thousands of loans. This book gives you the insider view of how the process works, how the underwriter views your file, and other things you need to know to help you get the best possible real estate mortgage loan.Whether you are a first time home buyer, or have closed several real estate loans, this book will give you valuable information that will help you get your residential real estate loan closed with a minimum of stress. Property types and uses, along with their effects on the loan, are discussed. The book also discusses the sales contract, appraisal, home owners insurance, title work, and what to expect at closing. You will learn the secrets of quoting and locking an interest rate. “Getting To Closing” will give you tips to streamline the process, reduce costs, be better prepared, and get your loan approved and closed.In today’s tighter credit markets you need all the information you can get to make the best deal possible on your home or investment property loan. This book gives you that information, which you may not get from your loan officer, so you will never be surprised at closing!

Getting To Closing! $20.92 “Getting To Closing” will give you the insider information you need to understand and navigate the residential real estate loan process. This book explains the details of the mortgage process, the loan application and disclosures, and even tells you how to save thousands of dollars on your mortgage once you have it. Cheryl Peck spent ten years as a Mortgage Broker, closing thousands of loans. This book gives you the insider view of how the process works, how the underwriter views your file, and other things you need to know to help you get the best possible real estate mortgage loan.Whether you are a first time home buyer, or have closed several real estate loans, this book will give you valuable information that will help you get your residential real estate loan closed with a minimum of stress. Property types and uses, along with their effects on the loan, are discussed. The book also discusses the sales contract, appraisal, home owners insurance, title work, and what to expect at closing. You will learn the secrets of quoting and locking an interest rate. “Getting To Closing” will give you tips to streamline the process, reduce costs, be better prepared, and get your loan approved and closed.In today’s tighter credit markets you need all the information you can get to make the best deal possible on your home or investment property loan. This book gives you that information, which you may not get from your loan officer, so you will never be surprised at closing!

Home Buyer’s Advisor: A Handbook for First-Time Buyers and Second-Home Investors $0.99 The tax-smart guide for first-time buyers and second-home investorsWhether you’re a first-time home buyer or a seasoned investor, this practical guide covers everything you need to know to invest safely, confidently, and profitably in today’s real estate market–while getting the most out of the latest tax laws.The Home Buyer’s Advisor shows you precisely what to look for in a real estate investment, where to find the best buying opportunities, how to use proven holding strategies such as land-banking and lease options, and how to make your home a secure foundation for future real estate investments. Ideas for a secure retirement are also included. Packed with ideas, strategies, and real-world examples, Andrew McLean’s Home Buyer’s Advisor will show you how to:Take advantage of a wide range of financing methods, such as originating new VA, FHA, and conventional loans; loan assumption; wrap-around loans; and other alternative financing methodsHunt for bargain properties using the InternetProfit from HUD and VA repossessions and bank foreclosures, and bid for property at special auctionsUse professional appraisal techniques to ensure you’re getting the best value for your investmentUtilize smart investment strategies and holding techniquesManage properties without all the hasslesMinimize, defer, and transfer more of your tax liabilityAnd much more!

How To Invest In Real Estate With Little Or No Money Down $16.95 Make a fortune in real estate—without using your own money!In this practical, step-by-step guide, one of the most trusted names in real estate shows first-time investors how to use no-money-down financing to build long-term wealth. Real estate is the most consistently profitable investment vehicle in the world. With patience and a smart investment strategy, anyone can make a killing. But how do you come up with the cash to get started? You don’t! This book shows you how to find great deals on properties and finance them with little—or even none—of your own money.With Robert Irwin’s proven, commonsense approach to real estate investing, you’ll locate and purchase moneymaking single-family homes, duplexes, and even larger rental properties—and put yourself on the path to a prosperous future. Plus there’s more:Lower your transaction costs Avoid the trap of negative cash flow Use tax laws to your advantage Finance renovations to increase the value of your property Become a successful landlord Negotiate the purchase agreement Up-to-date information on no-cash-down loan programs Robert Irwin (Westlake Village, CA) is one of America’s foremost experts in all areas of real estate. He is the author of McGraw-Hill’s bestselling Tips & Traps series.

How to Invest in Real Estate With Little or No Money Down $16.95 Make a fortune in real estate–without using your own money!In this practical, step-by-step guide, one of the most trusted names in real estate shows first-time investors how to use no-money-down financing to build long-term wealth. Real estate is the most consistently profitable investment vehicle in the world. With patience and a smart investment strategy, anyone can make a killing. But how do you come up with the cash to get started? You don’t! This book shows you how to find great deals on properties and finance them with little–or even none–of your own money.With Robert Irwin’s proven, commonsense approach to real estate investing, you’ll locate and purchase moneymaking single-family homes, duplexes, and even larger rental properties–and put yourself on the path to a prosperous future. Plus there’s more:Lower your transaction costs Avoid the trap of negative cash flow Use tax laws to your advantage Finance renovations to increase the value of your property Become a successful landlord Negotiate the purchase agreement Up-to-date information on no-cash-down loan programs Robert Irwin (Westlake Village, CA) is one of America’s foremost experts in all areas of real estate. He is the author of McGraw-Hill’s bestselling Tips & Traps series.