It's obvious you only see them as objects of contempt, parasites on the a** of humanity.

They receive their principle + interest after we sell the flip they invested in.

Depends on your financial situation / goals / short -medium -long term objectives.

@Grant Stucki It all comes down to your objective.

I would highly recommend that during your option period or contract negotiations that you ask to see a copy of the restrictions so that you can determine if this falls into your objectives and tolerance.

You would be better served by developing your investment criteria, budget, goals, objectives and plan.

When you do down payment requirements are only 3.5-5% allowing you to purchase quicker and often as you repeat the cycle. 21k should be ample depending on your avg price point and your objectives.

@Craig Oram I think the general principles are 1) The higher the risk the greater return but also the greater possibility of losing money and 2) The more active you are the higher return you get, and the more passive you are the lower the return.I like what was said about note investing if you are looking for more passive returns.

I'm typically the bank (Although not always) hiring asset managers to keep mom and pop investors from blowing up my phone wanting side deals before they hit the market, because I get tired of having to explain to them that my job is to expose my bank owned property to the highest possible buyer pool, so that I can get the highest possible return, which is in direct contrast to your objective, which is the get the best price possible on a property without having to compete.

It's just the principles, but I'm no longer a bubblehead when it comes to aviation. runways, gps, wind resistance and aerodynamics.