The math for investing was pretty obvious to everybody that it would be hard to lose money by buying a home for 50% to 70% of the rebuild cost.

That's 50k a year gone and you are losing tax write-offs and equity potential.

How do you become a broker for hard money lending? 

And this is a biggee wading through the fake lenders or the Joker brokers that tell you what you want to hear  but cant get the deals funded and you lose the deal and a lot of money.3. with actual PML  private people  usually have very limited funds so cant scale with them.. they can have a life event and just stop doing loans all together..

An example of this would be mixing your personal money and LLC money in the same bank account.3.

I suggest you enter private money goldmine in search botton at top right of the screen and read the previous posts....here is one that gives good perspective as well as a link to legitimate private lenders.http://www.biggerpockets.com/forums/92/topics/1488...

put another way:-Go on Zillow and buy a random property in Detroit: fail, lose money, give up on real estate investing.

If you wait for the problem to occur and then try to educate yourself, you will exacerbate the problem and lose more money.2.

If I were the neighbor, it sounds like I'd be the only one bringing money to the table so you could get something you want.

Most of you are all money hungry and don't care about your fellow man.