I don't think I understood your post..lol

@Ellie NarieGot it and understood. 

I only said it that way to make it understood.

You said they had TOO MUCH PRIDE TO ACCEPT HANDOUTS.Clearly, if they accepted handouts, they didn't have too much pride, now did they.This is why I love to debate liberals.This is why I hate debating those with an IQ below 80...even Rich understood my point, and he is just an illiterate...

Yes, indeed -- understood.

How about the standard (easily understood) progression?

According to the 2/50 rule I would need a property of €25.000 and a monthly rent of €500 if I understood the rule correctly.

From what we understood you to find deals for your mentor and in exchange he/she pays you a ropes and pays you a small finder's fee.

Devin -- it is understood that these are commercial/portfolio loans held by your bank.

Risk assessment, at least an accurate assessment is mostly impossible for an individual and I'd doubt it's that accurate at a mid size institutional type either.While I understand some of your unique industry, inner-office phraseology such as "capital waterfall" it's not that well understood nor applicable to individual note investors here, while I understand it seems to embellish some sense of expertise in a post, it's poor communication to our audience and simply takes us to conceptual aspects rather than realistic and relevant analysis.