As you read these books, watch the BiggerPockets podcasts.

The only time I'd say it's an okay idea is if either: The area you're investing in is expecting so much appreciation that you will easily profit off that (watch out for mortgage interest though...the appreciation needs to be higher than what you pay in that and expenses to make it profitable)You have some specific reason for wanting to do it- family ties, future home, major long-term hold, etc.Maybe I'm forgetting another one, but those two are all I have for now...

I haven't bought anything in over 3 years--instead I've been watching the multifamily market implode mostly from the sidelines, except for the thousand or so units that I still have. 

We'll say, then, your expected deal will return close to 15%. 

.- >65K in rent collected- having someone to bring in Amazon packages when it is raining outside- generally having someone to watch over the property when out of town oftenI think the headache is worth it.

I'm sure they're legitimate company, but investors should just watch their 6 and make sure the process follows this order:- Docusign (fully executed)- Wire Money- Follow Up consistentlyIn my situation, the company failed to send a Docusign while also setting a deadline for signing was communicated. 

I grew up in the real estate industry watching my father raise money with a PPM for large multifamily value add projects and a developments.

And it doesn’t end in closing the deal; it's the beginning of an extraordinary transformation to come with a full renovation and redesign!

I suspect this lender was just one of the hundreds of crooks out there doing teh advance feescam.If your interested watch the American Greed episode on Remington financial they do a deep dive into these companies..

I've watched several "Webinars" (pretty sure they're just hyped up YouTube videos and not what I would consider a webinar) right here from BP that are really just a push to become a "PRO" and gain access to all the tools.