A few close wholesale properties that I have ran across turned out to be really horrible, insulting to my intelligence deals, so use caution with them.  

Therefore, I go in with high up front dollars for two reasons: it knocks out of the race people who have to finance and it also artificially makes me cash flow positive.

Thank you all for taking the time out to read my post and I hope to hear back from some of the very intelligent people here on the BiggerPockets community.

I prefer to deal with financial economics and not artificial definitions that accounting boards construct.

He has always had an angry demeanor and recently ended up divorcing.I guess if you have a bad habit (lottery or betting on horses or in my case I enjoy cigars and scotch) it is a calculated enjoyment but not something that an intelligent mindset really can consider an investment (hence not entrepreneurial)...it's just something you do to unwind.My opinion is that knowing the difference, thus focusing your time and effort on Investments vs doo-dads is the real crux of the discussion.

Not artificially impoverish themselves in order to climb onto the medicaid gravy train.

Even if they were not there, I'd gather intelligence about the property and owner.

I just wanted to say hello to everyone and I am humbled to be amongst such a great group of like-minded, intelligent people.

They seem to have a good model and they are intelligent in the thought they have put into stream lining the process.

I do have a mortgage broker that I am working with (who is incredibly intelligent) in addition to getting information from Bank of America.