Fat Village emerged, etc, etc....I bet they're over $300k now.

If your leveraged to the gills, you can't afford that "education", it is how investors go belly-up AND before you say "nah, won't happen to me" know this, 100% of bankrupt investors I buy failed deals from ALL said the same thing, "I just didn't know what I was getting into, I mean, I thought I did, but, if things just worked out different, I coulda, it woulda", yeah, but it didn't. 

The deal needs to have enough fat in it to work for everyone.  

Its kind of like finding that private lender that you can have a one on one with.. just need to get belly to belly with someone you can talk to and will understand what you do and is happy with paying par.. 

However, it's important to understand that, when they promote a deal, they make their money in fat commissions and have no money to lose if something goes wrong with the project or the market when it comes to that project whereas the investor, has all to lose.

If you want a great deal you gotta get belly to belly with the seller .

@Patrick VolumI think you should find out what criteria lenders use to give mortgage loans before you quit your W-2.In my experience it is very difficult to get a mortgage without a W-2 and the factor that affects interest rates the most are credit score.So unless you have a portfolio that you can put up as collateral for a loan without a W-2 or a fat bank account.

Most non-real estate investors think that the rest of us are fat cats with tons of dough and that we deserve to get taken down a peg.

If you see it our not, this kind of issue translates all the way to your roof, causes your doors to hang wonky and can cause your sewer drains not to run as designed if they run parallel to the sag and no longer have the slope they once had, or worse there is a "belly" in the run.This issue concerns me most and should be corrected first. 

You will find true private money lenders at your meet ups its a belly to belly transaction