As I stated, I was under the misconception that I needed money to start investing so I have saved a good chunk of money through the years and now ready to dive in. hope to hear from someone willing to give advice, thanks in advance ;)

As for the common misconception that "50%+ marriages end in divorce" I'm not picking on you Scott, others have said that too but actually that number includes people who divorce a 2nd and 3rd time: The question that should be asked: "How Many 1st Marriages End In Divorce" and we get a very much lower numberFrom a Family Law lawyer:This graph looks at the age groups of those getting divorced: Age Women Men Under 20 years old 27.6 percent 11.7 percent 20 to 24 years old 36.6 percent 38.8 percent 25 to 29 years old 16.4 percent 22.3 percent 30 to 34 years old 8.5 percent 11.6 percent 35 to 39 years old 5.1 percent 6.5 percent

Hope this clears up misconceptions and manages some expectations and market price, this is reality contrary to what you may have thought or been told.ARTICLE:The Federal Housing Administration sold over 8,000 nonperforming loans at an Oct. 30 sale and recovered 60% of the unpaid principal balance of the loans.This is a slightly better than the previous loan sale in June, when the winning bidders paid on average 53% of the UPB.The official results show that FHA rejected bids on two of the 11 loan pools at the Oct. 30 sale.

Also, if you use a business to buy something like a car and then use it for personal use, you better declare some of that car as personal income or you might find yourself in a bit of hot water.There are a lot of misconceptions about the advantages of businesses, and I think buying pretax is one of them.

Unfortunately, lots of misconceptions and misunderstandings in the posts above.First, about leverage: most of the equity funds you invest in through crowdfunding are already leveraged.

So, there is also the closing compliance with each transaction.So, IMO, while you think you are just free to do anything you like because you no longer have a broker to answer to, you're under a misconception IMO.

I am not here to promote my program, you can look at my BP profile for a link to my site to find out more.There are a lot of misconceptions out there so I wanted to address the question directly.I have done a ton of these deals and I have lots of students doing these also.

One common mistake (or misconception) is the quoting of discount to value. many fail to include cost of repairs.For example, which deal is better: Priced at 52% of ARV or priced at 74% of ARV?

I recognize Thailand might not be for you, but I hope I have clarified any misconceptions.

You're right but this is mostly a common misconception.