Okay this is very simple.Buyers want to take over a property with no money down.A seller might look at a WRAP but wants to know that they buyer will stand a lot to loose and will fight hard to keep the property performing which is why they want money down.If the buyer puts nothing down then the seller could incur massive costs trying to foreclose depending on the state the property is located.Also remember no money down does not mean you will be without costs.I did a no money down deal on a 20 unit but I am having to spend some of the cash flow on deferred maintenance on the property.So you will have the initial closing on the purchase and then ongoing costs between now and in the future at risk IF a bank calls the underlying note due.Having said that banks are drowning with non-performing assets.They have zero motivation to create more loan problems on the books then they already have.Now in a few years when interest rates start to rise and banks have healthier books they might start really looking at calling loans due to re-lend at higher rates.So the key with a WRAP is the exit is just as important or more so than the purchase.Your possible exits might change over time so I am looking at how my purchases progress and are performing and then think each month about what the exit might be and do I need to change course.

You can tell he hasn't missed to many meals lol.

For others who might be a little younger and healthier a HSA would be worth researching.

The commie-pinko greenie weenies (No offense to any here, just playin') say that copper has natural anti-microbal properties and is healthier than CPVC, which might impart toxins into your drinking water.

It is only $100 (I'm splitting the $200 fee with my friend) for a 3 day workshop, and I think it might even include food...if it does I will basically be paying $15 bucks a meal and hopefully learn a thing or two about REI and meet some local real estate investors......$100 isn't much for something that I will hopefully be able to use for the rest of my REI career...the speaker kept saying educating yourself is the best investment you can make, I tend to agree...I will check back-in after the workshop to let you know how it went..Dave

I would say that Dalles is healthier than most of the nation, but growing at less than it's historic rate of 2% per year.

Jeff - We will have refreshments and light snacks, but you are on your own for your meals.

Take a per diem of $66(The amount for Denver) each day for meals and incidental expenses.

I believe Josh has said that light snacks and beverages will be provided, but meals are on our own.

Join the networking sessions, the meals that are being organized, the cocktail (sodas!)