Understand the financing.Banks are somewhat leery of lending for condos; scared of older condos; terrified of investor owned condos; and in panic of asbestos.

I am prepared to make my first deal in the Grand Rapids MI area, what a terrifying and exciting thing to do.

When I ask this question to some potential students or attendees at events I’m a speaker at most are terrified and say no but then buy notes valued at 20-30k ARV should they need to take them back as an REO.

I am terrified of getting scammed in this process.

I'm terrified of overpaying on my first deal but know there are backup offers in the event I'm not able to renegotiate with the seller. 

It was a terrifying to buy with COVID still very fresh, but I figured if I could cash flow I would be fine with any of the scary things that might have happened to the economy with shutdowns, etc.

I've spent the last six months finishing rehab and, low an behold, my baby is no longer a terrifying abandoned crackhouse, but has emerged as a beautiful mixed use rental asset. 

My first deal was at foreclosure auction and it was terrifying.

They are terrified of skunks.

One of the neighbors had an encounter with this lady too on a separate issue and now is terrified to piss her off.