Quote from @Zhenyang Jin: I am a software engineer working in Bay Area.

There thinking goes something like this - I can buy this great property for $5 million cash flowing $600k per year (they neglect expenses).  

@Timothy Frazier  This will be tough as the HML will want a 1st position loan, but so will the other lender providing the rest of the funds. 

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Quote from @Twitch Raid: Found a home for sale on the judicial repository list that is from the previous owner.This owner owned it in 06, it was sold in 07 and posted for judicial sale in 2010 and has been in the repo since.Is this sale any good?

Is this really the property that is best suited for you as investor at this point.

However, my commission income is not shielded from self employment taxes.

Quote from @Vince Scipione: Hi Terry and Welcome to this awesome community. 

Learning a lot every day and certainly worth every cent.

This could be the start of a rolling over on the stock market with the DOW, S&P, and Nasdaq all pulling back over the past month.