Everyone will be pointing fingers at each other while you will be stiffed with the big fat IRS bill.

I had a situation where a friend an I were trying to pick the lock on a vacant condo we bought at FC.My friend is a former police officer so two middle aged, fat white guys spent 35 mints picking a lock in B- neighborhood in broad daylight and nobody noticed or called the cops.  

While I would think active investing (you know, wholesaling, flipping, being a landlord) as well as value adding to the property, would deliver a fat check, I would think passive investing would be equally as beneficial, especially for beginners, as well as more opportunity to invest in other markets than the one you reside in.

Hi @Nick Zocher,It's rare that anyone does this, but in theory you can...1) Buy using a normal mortgage, typically a 30 year fixed with a jacked up rate and fat lender credit.2) Not wait six months.3) Do your improvements to make ARV the current actual value.4) Cash out refinance with hard money or a friend or whatever.

She'll haul anything and everything I need for my rehabs, plus she rides like a big fat Camry--comfy.I do not trade in my vehicles every couple of years.  

I agree with @Ro Maga - 203k breathes a big fat hassle, inevitable delays (ask me about lead paint...), and red tape... but it's worth it. 

The Omaha REIA meets monthly on the 1st Tuesday at the Ozone Lounge/Anthony's Steakhouse off of 72nd & F at 6:30 pm.

Just a big-big tall fat tree.

I deal with all types of agents and personally don't care who they represent until I go to sell and have to pay a fat cat fee.

He's not sitting on a fat pile of mommy daddy money.