Instead of asking to pick his brain, rather I offered to help him with a tedious chore at work and we just got talking about real estate.

One day I found him severely dehydrated (I’m an RN) and called 911.

I agree with these guys, I've never had luck cash-out refinancing for numerous reasons.Also, in my opinion some of the most brain damage from deals is the financing, so I prefer to only go through it once :) 

Account Closed I skimmed through this, so I'm not sure if anyone mentioned it yet, but Khan Academy has some fantastic short videos that really helped me wrap my brain around some of the more simple concepts with visualizations when I was younger.

Anyone in the LA county area whom is willing to sit down and pick each others brain about the housing market in the LA area?

I'm in agreement with finding the people in your area that are doing what you want to do and pick their brain as much as you can.

My brain has been swirling with all these issues and possibilities all night, haha. 

@Anthony Talarico JrI'd suggest finding local meetups and getting to know investors face-to-face and picking their brains to exchange ideas.

Happy Friday - Thought I'd pick your brain on the financing terms I was just presented by a local bank:Per his email:Interest rates would be 5.125% for three years or 5.50% for five years; 20 year amortization and .50% commitment fee.We can look to underwrite and approve with 20% down payment if using 100% of your own funds <or> 25% down payment if obtaining a 10% seller second mortgage (15% coming from you).So,I currently own 6 properties (12 Units) with them, financed under a similar structure, that I purchased back in May.Looking to purchase an additional 22 Units contingent on bank financing, so before I move forward, what are your thoughts on this? 

Before jumping into products or targets,I would suggest setting up a solid base.For me that means:- LLC/inc. in tax favorable state- 800 FICO / 80 PAYDEX- $100K in untapped personal credit- $100K to a million in EIN/LLC/DUNS untapped creditONLY THEN look around, research the market,and jump when your brain/gut/heart align.Today Zillow dropped 20%, California/NYC offers are down 25%,Australia/China/Canada are down 20-40% depending on the data...Save your hard earned $50K for the right moment with a strong base!