Amateur question.

Many amateurs and DIY that think they know what they are doing don't know what they are doing will give you money losing advice.

(Keep in mind that I’m a super amateur, and really trying to learn)1) from my understanding, you have to make sure that the rental income from the property will cover not the original loan, but even the bigger “refinanced” loan is that correct ?

Therefore, as a amateur, it is crucially important to meet with investors and agents that would be willing to mentor you and guide in the right direction when it comes to deals.Also, don't be afraid to ask questions when you don't understand something.

I am still amateur as to how i will accomplish this but I've absorbed a few ideas in the "Starting Out" section of the site.Thanks

Yes it may cost more but would you rather have a professional installation or an amateur installation.

Chasing "hot" markets is a is an amateur's game and surely a way to get caught swimming naked.

Hello, before I begin I'd like to state that I am still very new to this, and have found the forum by reading/listening to lots of 'J Scott' who seems to be very wise, so if my question is dumb please note I am a real amateur at this stage.Basically, I am eager to get into my first flip, and I believe I have most of the basics.

I'm pretty new to this so my knowledge is still amateur at best but if you have any questions I will gladly try to help.Good luck!!!

As @Thomas S. already pointed out, it's a technique used by amateurs that don't know how to manage rentals.One thing you have to learn is that tenants are not "good" just because they pay on time.