Saying 67 year old implying the arrangement is found 7 years later.While some things may sound great to investors as a really great negotiation or deal made, it's from a lack of understanding of the business, being unaware of the issues.

CJ, you certainly implied that a mentor/coach should be active in RE, I suppose in the niche they are dealing in.

Hi @Dominika MThe trainer gave lots of ways to analyse a property, and you can use them all together to get a good picture of if the property will cash flow.For example, GRM (gross rent multiplier) = purchase price / yearly gross rent.

In fact, I apologize (sincerely) for even implying I had a right to do that.All I'll say is that if you need to charge $500 for a four hour job ($125/hour) just to break even on the job, you're probably not a contractor that a typical investor would ever use.

So you did nothing with this problem property over the months beyond that, even though that thread implied otherwise?

To say or imply that any lender has no obligation to qualify a borrower is not correct, certainly not prudent and qualified mortgages are based on prudent lending practices.DF is getting all the attention, the SAFE Act still applies as well as TILA and scads of other laws and regulations, DF has modified some existing issues in a consolidation of intertwined regulations.

A lot of fallacious logic and misinformation in this thread (foster and amateur dog trainer here).

I fully agree and didn't mean to imply it was unimportant.

If buyer does not purchase title insurance, buyer will receive a Quitclaim Deed or equivalent, with no express or implied warranties of title."

That implies that you have an unsophisticated 2nd lender, that brings other issues of liability.