I have 3 teens so need the extra row.I also want to get rid of my Buick and get a Mercedes, but not sure which one yet.

This is in accordance with our privacy policy - www.biggerpockets.com/privacy.I would hope that teens aged 13-18 have a more productive experience, which gives them better odds for future success, here on BiggerPockets than perhaps on other online communities unrelated to personal success, personal development, or personal finance, sites which may not provide such direct learning opportunities to become successful with money and in real estate!

Additionally, I much prefer to either entirely defer taxes or be taxed as capital gains, rather than ordinary income as flippers are taxed.That said, I look for mid-teens returns, low risk, and low-to-moderate time requirement in my own portfolio.Here's an example: I have a friend who is a hard money lender, and she brings in passive investors to provide most of the capital.

Once in my teens, I was pulled over to ask if I was old enough to drive. 

Most sophisticated private investors would require 20%+ returns for development deals (can easily get returns in the teens on non-development deals with large experienced operators); so, 8-12% is not a no-brainer...but investors like yourself do a nice job of securing those types of terms.

In other words once the investor achieves a given IRR (negotiable but usually mid to high teens) they are considered paid off.

They are out there right now either pulling equity out to make their next move, or are just sitting pretty on some dead sexy cashflow. 

Just getting started to REI late in life (well...late relative to my young teen-20's).  

It's often the case that the higher return more than makes up for the early withdrawal penalty after X months, with 12 often being X.A certificate of deposit is super low risk, and not sexy at all, but it's secure, you control it, and it's not subject to the whims of wall street. 

Normally the down payments are 10-20% with rates in the low teens.