$1,400,000 for a duplex that generates gross rents of $8,800 per month sounds like suicide to me.Mike

I understand why Black Monday was also suicide monday.

Absentee Motivated seller with recent suicide in her house.

And for a HML to lend 80% in what in TN would be basically the rough hoody type areas to an out of state investor.. that would be suicide for them..

Interested in flipping, wholesaling and renting single family homes, multi family homes as well as large multi family(5+)I currently have a friend(no, he's not my only friend) who may be interested in being a private money lender for me and I currently am acquiring one of my dads duplexes due to the bad debt he has.I'd like to meet anyone and also have someone volunteer in a suicidal mission to mentor me

HML out of state for a newbie is financial suicide IMO.

Learning how to invest in real estate is challenging enough for a newbie ... trying to do it in an out of state market is usually a suicide mission (financially speaking).

His son also committed suicide, and I just read another victim of him just committed suicide.

It would be financial suicide for our town to do something like that.

In a rising interest rate environment, you may be committing financial suicide.