When you hit the big leagues they become more interested in you.

I imagine the first deal will be the most costly and every deal thereafter will cost a bit less Saverio,Congrats in "playing in the big leagues" :)Cash reserves - it really depends on the deal.

I am not a big league player with a 100 million dollar revolving line of credit.  

The Mexican fisherman replied, “I sleep late, fish a little, play with my children, take siesta with my wife, stroll into the village each evening where I sip wine and play guitar with my amigos: I have a full and busy life, señor.”The investment banker scoffed, “I am an Ivy League MBA, and I could help you.

I did manage to uncover less than reassuring past business affiliations of many Renatus principals through a succession of related MLM organisations starting with Global Prosperity Group (GPG) flowing through such entities Tru Dynamics, Liberty League International and Nouveau Riche.  

This property isn’t going to be foreclosed but even if it was, the family/heirs would do better at auction than the offer presented.Bush league and I wouldn’t be looking to mess with a fellow licensee over this perceived violation. 

A building this big is definitely way out of my league.

Both properties are class A properties in great neighborhoods and have been understandably very modest in net cash flow ~ $100/month and 200/month after all expenses.So in order to improve my net cash flow to $300 to $400/ month I decided to start looking at cheaper older homes (built in the 60’s and 70s) in the 150K to 180K range in Friendswood, Pearland, League city and surrounding areas ( I live in Friendswood, TX).

You're like "omg an ARM," but I'd point out "grats, now you're in the big leagues, where most debt instruments are adjustable rate in some way or another, and you're invested in the national economy in a new way now that you weren't before."

(Tried ads in Craigslist, Backpage, and contacting 'We buy houses' and 'sell fast' and sending multiple emails, and texts...lots of work...)What a pack full of mistakes and lessons here.Hope someone can benefit from this epic failure.But, I'm still in the arena.I may just survive this crash or maybe 🎥 the Justice League will save me.