Don't go postal, please.The advice I give to my fellow investors who get jittery is to take a deeeeeep breathe and hold it, then let it out sssllllooooooowwwly, sssssssssssssssssssssss.

Since I live, work and breath in CA, my statement was CA usury law based.

Make sure the closing agent does not breath the numbers that apply to you to anyone, there is no reason to say any number out loud if you have buyer and seller in front of you, so instruct the agent to keep their mount shut!

Deep breath Taylor - deep breath.I gave you some pretty great advice - and it is glass full advice advice - not full of negativity as you so positively put it.

To cut to the chase, IMO, what separates the succesful from the unsuccesful is not a college degree (notice I did not say 'education'), but --A PASSION FOR WHAT THEY DO.Most of the succesful posters here eat, sleep and breathe real estate.

So I'll be able to breath again.Last thing I want to mention, and I hope the moderators will allow it...

And a second detailed one similar to the bank plan that can be the basis for a private placement memorandum if you plan on raising any substantial capital.Think of it as a living, breathing document that should be continually evolving as your business does.

You can hardly breathe when you walk into the property the smell is that bad.

I think the 3-5% withdrawal is ok for a 401k but for the RE I would agree with William to ensure you have a living breathing exit plan/strategy.

There shouldn't be an issue with it but the last thing you want is zoning breathing down your back.