I would strive to keep it to 70LTV or lower (your cash out refi) as the "hits" to the rates are pretty steep when you venture above this.

Andy, Ichiro, & JurniIf any of you decide to venture north of Boston, I'd be happy to help you look for properties.

I would like to hear what they have to say, as I personally would not dare to venture into a rehab project with less than $125 per square foot for whatever venture I chose.I do feel strongly about the fact that entering into a market (such as downtown rehab projects) gives a realistic local investor a competitive advantage if they enter early.

Second, for some it is a very scary venture, especially if you are starting out at the max (for my first deal i am making sure that if we get screwed over by my partner and step daughter i can do this alone) so maybe this guy is getting in up to his ears in it..Third, the best advice i got was from a guy in the cleveland ohio area .. and just do it!!

It doesn't look like he is going to join me in this venture so I have decided to do this on my own.Networking with others I met at the REI club will get me where I want to be.

It's a big joke.In my opinion, if real estate investing is going to ba a serious venture for you, then YOU must become an expert in your local area.

You know....for so many years I have wanted to be financially free, but have only dabbled in different ventures now and then.

In the height of the rush, I think it was a very viable profit venture, but with the market how it is right now and with things only looking like they are going to get worse, I would personally steer clear of speculative investing based on appreciation or new construction.

Anyone considering it should be prepared financially for many months before venturing out.

I'd like to economize my workflow to begin finding non listed properties to wholesale, fix-n-flip, lease buy option, etc.Denver's lowest prices are much higher than I am used to, and my wife and I have recently spent most of our liquid cash to begin living debt free.