The experienced investors know this and so most are very reluctant in taking someone "under their wing" without really knowing whether that person is actually going to stick through it.So the best way to go, is learn as much as you can.  

@Ben Rutkevitz- Congratulations in taking action with your partners.

I'd be interested in taking a look at the house itself.

Most people who own property or have credit wouldn't be interested in taking this kind of loan.  

I am 12 months into 60 month balloon, interest only at 9.6%, $400 per month.  1st position lender is same terms as me and has asked me if I am interested in taking him out.  

As a LL to low income tenants, where would you draw the line in "taking care of your renters?"

Morros, if you run into anything outside of B'ham city that's under 40k I would be interested in taking a look at it.

I just got caught-up in taking deals down and didn't progress to that point as fast as I should have.

I'm actually wrapping up a flooded house rehab in Spring if you're interested in taking a look and I can tell you about how we did it.

Become an expert, don't just jump in. Take