I got a great deal due to blind luck and timing, and I recognize that fully.

And once you have a proven track record, you may be able to work with a local bank to get a business LOC or some other type of loan to fund your projects at even better rates than 8%.

With multifamily, that risk is spread across multiple units.If you eventually want to use OPM to purchase multifamily, having a proven track record investing in MF on your own is a huge plus.

Listen to enough @Michael Blank and you'll recognize his theorey that the second, third, etc. deals come in rapid succession as well.

After I had recognized some there,I saw and then identified the shadeOf that coward who made the great refusal.

The macro economy has nothing to do with whether it's a good time to invest, it's just a matter or having the skill-set and experience to recognize opportunity....There are always deals to be had! 

Bill Gates and Co. made their money AFTER they had a proven project.

However, if you want access to the type of funding that allows for no/low cash to close you do need to learn how to recognize that type of deal, and so enrollment can be a great value.

Temporary deferral for recognition of realized gain until as late as December 31, 2026 To the extent gain portion of proceeds is reinvested in Qualified Opportunity Fund(QOf) within 180 days of the sale or exchange of any asset, gain is not required to be recognized in year of saleGain deferred is recognized upon the earlier of the date the investment in QOF is sold, or December 31, 20262.

It was an information packed hour, where we discussed goals, the market in Calgary, different strategies that are proven locally and different analysis tools.The Agent in question is a BP member who reached out to me and offered his time and expertise to help get me started.