You have the problem common to a lot of people getting started; wanting to invest but lacking sufficient capital.  

The pros to them are vast though, no cap on how many mortgages you hold, they don't show up on your credit report, the closings are quicker, the rates are competitive, we only require a soft credit check, no tax returns or employment requirements, and the seasoning periods a very short.

While there clearly is the possibility to make money in Somalia, given the things like coups, islamic terrorists, political instability, rampant crime, and lack of personal safety, the risks seem to far outweigh the rewards. 

Meanwhile they aren't even properly prepared because  their focus is solely on forming Wyoming LLC's  but lacked the appropriate types of insurance, operate with unlicensed and uninsured vendors, never sign contracts etc.

And he's right that running an MTR and being competitive is not for amateurs.

I agree with Matthew about nothing wrong them them doing it themselves, but the rates should be competitive. 

It's an unwelcome encroachment caused by a neighbors' lack of maintenance or poor tree placement, but I'm the one that has to hire someone (at massive cost and difficult access) to cut deadly branches that are 100' up? 

Lots of nuggets on there but not all episodes focus on REI.That said, Long Island is super competitive but your down payment could land you a deal.This week, we went under contract for a multifamily in Lynbrook and the investor put down just $65K.

If you are in WI, I'm based out of Waukesha and can share the carriers who are the best in SE WI.FYI - Each state & metro area will have different insurance carriers who have the most competitive programs..

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