For investors who need money fast, this system works out beautifully. They pledge their property as collateral, and we loan out up to 75% of purchase price. All parties benefit, and investors with opportunities that do not need long term financing have a source of funds to do their deals. Everyone wins.

If you are thinking of setting up this type of program yourself, there are a significant number of legal caveats that you must be aware of. The first is company funding second lean holder position on your existing properties must be aware of and amicable to what you are doing. This is a legal requirement of which there is no way of avoiding without committing fraud. Next, usury laws in your state determine maximum interest rate you can charge your customers. There are a host of additional laws that are more specific to lending process, but a good lawyer will help you work through them.

Regardless, there is a decent return to be made helping others do their deals. Use your existing properties to secure funds to lend, and make sure you have an experienced lawyer to help you sort out details.

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Once you have added and reduced items and figures several times and you are finally satisfied with results, type your figures on a computer spreadsheet or word processor table and save it. You may also print it and file it for regular reference.

To make it work successfully for you, you must vow to stick to budget. Any deviation must be absolutely necessary and funds should be made available separately to meet extra expenditure. Where no funds are available, some cutbacks or borrowing from other expense votes. You should ensure that you refund any funds borrowed from any expense votes to enable votes to be expended.

To be frank, most people would want to spend more and more irrespective of their financial ability. However, arbitrary unbudgeted spending may be hazardous to your financial health.

Abdallah Khamis Abdallah is a freelance copywriter and ghostwriter. To learn more about how you and your business can benefit from our viral and credibility marketing solutions and how your business can benefit from infinite publicity visit his website at: http://www.qualitywritingsolutions.com