@John Kim & @Marcus Kennedy
Thank you for coming to my defense. I too thought the comment was a bit over the top coming from a mentor in the industry, however, I do not fault @Brian Gibbons for his feelings. I just think the delivery could have been more pleasant in the first comment.
As I already mentioned, I do understand that this is not a long term investment strategy but it did provide me the means I needed to get rolling in real-estate. I'm glad that you gentlemen saw the post for what it was. It was really encouraging to read your comments because this was my first time posting my story and to have that as my initial feedback was really a blow to the gut. I was really considering never posting again, but you guys showed me that my experience is worth sharing. From what I hear, it is really difficult to obtain mortgages these days, and if our bank accounts are not flush with cash, then we need to be as creative as possible until it is.
Also @Brian Gibbons I did say that deal was $1,000 a month cash flow positive even after paying all expenses and the credit card payments with a 0% interest rate (cheaper then any other lender I've spoken to, hard money, private money or any money lol). At that rate what would the numbers have to look like to actually be a deal in your eyes?