Proportional leverage (like 27% LTV) isn’t specifically required, but if you don’t reinvest the full amount or fail to replace debt, the difference will be taxed as boot.

Sort of a unique way to make money, meet new people and not get stuck with a tenant you don’t like for too long!

Just would like to start building relationships with people In the Phoenix area as well. 

I’m sure there are a few successes stories in his group but for the majority of people that get in his group they are just wasting their money!

What was done fraudently that also could not have been discovered in underwriting that people should be aware of?

This is a great place to connect with people so take advantage of all the great resources.

But with perseverance and a willingness to explore unconventional options, you can turn even the toughest situations into successes.Have any of you ever faced a deal that seemed destined to fail?

Too many people are sleeping on this.Kentucky Economic Development has many site ready properties in smaller areas that are ripe for rentals. 

In Arizona, there are a lot of reputable people who do lease options.

There are over 300k people in the greater Amarillo area so a cool event space like this could be very successful.