That commonly heard phrase is especially true in the real estate investment world.

This leads me back to wondering about my favorite phrase for unlicensed brokers skirting laws: FRAUDS AND SCAMMERS. 

When you hear people saying "using none of my own money" and other such dumb phrases, and the leveraging boys going on and on about how they are on their way to their first $10m, TV shows about flipping properties using your neurotic wife as a designer, or two guys one of which owns a sledgehammer, all redoing houses, and then flipping them for a (massive) profit - face it - the forum is going to attract nutters.And where's the qualification in all of this?

Another way to phrase the questions: How is it that all of the junk mail I receive about refinancing my home shows the current balance on my mortgage???

I like the phrase that Josh Dorkin  uses that within a 50 mile radius  you can find a good deal.  

@Karl Krentzel How do you phrase that to the seller?

Sometimes that works, if you phrase it so that it's the tenant who is benefitting. 

The amount of income generated from lending as well as the number of loans made can place a private lender in a category of being in the business of lending, by Tax Code taking them out of the private status.Many, hard money lenders us the phrase "private lender" it's marketing hype and some are simply trying to fly under the radar.

Bea:My apologies, when I read your initial post, the phrasing gave me the impression you were translating your thoughts from French.Hopefully BP members closer to you will chime in.  

I also really appreciate you providing your phrasing.