Do what will make you happy man, don't ever let someone else tell you your dreams are stupid.

I work a 8-4 job Monday thru Friday, but my dream is to make a living in Real Estate.

Tax "advantages" are something dreamed up by politicians to make you think they've given you something, when in fact they haven't:Paying a dollar (more) in interest saves you 25 cents in taxes (more or less, depending on your nominal tax rate.

Next thing I knew I got a business idea that came to me in a dream while I was sleeping.

ARE YOU KIDDING ME....It's the best thing since sliced bread, that course carries more weight than MR T carries around his neck, and if I study that course even one more time I'm afraid I'll turn into the next Donald.And if you don't have that course and are not listening to it each day too and from work, then here's what you should do.

Also, if the buyer has a buyer's agent who does their job properly, they'll be notified of what the seller and their agent are trying to do.But on the whole, I think the good points out weight the bad and I think I may try this on a seller's listing.

scottthanks for the input. the 70% ltv is interesting. i'm doing one right now where the interest rate will jump 3/8 to 1/2% from 75 to 80 ltv. at $64,000 it is not a significant amount, but definitely something to keep in mind.i'm paying cash and after rehab will refi(1-2 months most). not sure how much weight that will have on refi.i even thought of offering a private investor all proceeds over 80% when buyer sells or refi's. that way i get my cash profit up fron and monthly pmts with the wrap.still a work in progress for exit strategy.jim

The contractor was never in town, didn't pull his weight, and it was one delay after another.

Rehab projects can turn from ivory castle dreams to living nightmares very quickly.

It felt good to have several intellengent conversations because I have felt very alone in this.This is my dream, not my husbands so time to go solo.Barbara