The person making that kind of money likely owns businesses and employs workers so has other positive impacts on the economy that the worker making 20,000 a year does not.I just believe a lot of these reports are crap.

Condos usually only get 75% financing as opposed to the 80% other types of properties usually get, from what I've read (not personal experience).Something I recommend before you go and visit these banks/credit unions is that you go to www.memphisinvest.com and for the price of your name and email address, you'll get access to Chris Clothier's video tutorial on how to create a "bank book." 

That is totally crap. 

I asked for the formula for a "Hot opportunity", and then gave me a pile of crap including that the true property value was published by the lender as part of the NOD.

I don't understand why people make such a big deal out of this crap.

I get that as well.. to most its seems like an unconscionable profit.. and by giving example like this we tend to delude beginners into thinking they can be as good as you ... when in fact your probably pretty accomplished and most beginners could not do anywhere nears as good as you.I get it with Hoarder houses I bought two this year with stunning equity in them.. but they were also filled to the rafters with crap and stunk so bad you could not enter without a bunny suit ..but homes that need little to no rehab and are bought for 100k under market.. that gets a little much in most peoples book.  

I could carry a lot of crap as well!

I would also recommend watching some of the QB tutorials in order to become familiar with some of the basics.

I will never use that crap again.  

I've searched the FAQs, the tutorials, and I cannot find out out to cite other members' posts.