I am just saying that most people have a better chance making more money by trying to be better at their day jobs and win some raises and promotions, instead of entering a new career in Real Estate. 

Maybe it's burned to the ground.

The loan officer was aware borrowers planned to use it as a portfolio rental so the only thing this "special loan" would accomplish is burning the relationship. 

The presale of new construction is completely gone because too many investors got burned when builders promised 12 month builds and took 2 years to complete - the interest killed them. 

Due to amortization schedules front loading; you could be burning money if you go light on your down payment and use a 30 year. 

Philadelphia has implemented various forms legislation over the years between abatements, land banks and density bonuses geared towards promoting development in areas that suffered from disinvestment and housing affordability challenges with some legislation having been more effective than others. 

When you say "open to investing anywhere that makes financial sense" you just invite everyone to pitch, especially when you also say you have 400k to burn so be careful.

I say we skip the fines and just burn them at the stake, then leave the bodies on pikes as warnings for those to come 🤣🤣🤣

Analyze well so you don’t get burned.

In general, Cohan is overhyped by gurus who mis-promote it as a loophole for people who do not bother to keep records and receipts.