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FAR 051 Topics: THURSDAY THURSDAY! Hey if you are looking to get your deal funded I\u2019ve got great news. Whitestone Capital Solutions is offering loans as low as 4 points and 8%. Friends, if you are in the real estate investment business it\u2019s hard to find money any cheaper than this. I know because I\u2019ve looked around. All you have to do is go to www.whitestonecapitalsolutions.com, click \u201capply now\u201d and fill out the quick and easy form. One of our team members will be in touch with you quickly and get you headed toward closing on that deal. We are loaning in all 50 states. Apply today. Two rules you should ALWAYS follow when investing in someone else\u2019s project News: Zillow and Redfin going at it: Zillow says, \u201cRedfin is a threat to organized real estate.\u201d Something I saw for the first time: an owner occupant going to networking meetings to find a property. Story in Bloomberg. Note the headline and sub-head Billionaires in a mobile home park? Emails: Questions@flippingamericaradio.com Tell us where you\u2019re from!

• Angela from Pittsburgh, \u201cI have some money I want to invest in real estate but I don\u2019t want to flip a house. That seems too complicated. I DO like the whole process though and the profits seem pretty good and I want a better return than I\u2019m seeing with REITs. Is there a way to invest in a project someone else is flipping and make a good return on my money?\u201d
  • Obviously yes.
  • You need to do some research:
  • Know the property and the process.
  • Know the person doing the work.
  • Or BOTH.
  • Get your interest protected. Encumber the title.
• Keith, from Anaheim, CA, \u201cI want to follow up on the question about investing in someone else\u2019s flip. Tell me more about how it works and what kind of return I could expect. Also, can you provide a sample of the paperwork I would need?\u201d
• Phil from Long Beach, CA \u201cI\u2019m a new listener. I want to get started flipping houses. I\u2019m thinking about signing up for some training. I went to an event where they wanted more than $30,000 to show me how to do this. I can go to a local group and get the same training for about $500. Or is it the same? I don\u2019t really know what I need -- please help.
• Erik from Tampa: \u201cWhat\u2019s the difference between a mortgage and a Deed of Trust? I want to sell a property myself using owner financing and want to make sure I protect myself in the right way.\u201d