Here’s the bottom line:  Long term success as a real estate investor or real estate business owner requires knowledge of (1) real estate principles (2) real estate finance and (3) real estate law.  

@Chris Ke With $200K for a down payment and the ability to invest full-time, consider starting with a 4-plex or multiple single-family homes (SFHs) within a 5-hour drive of Los Angeles in areas like San Bernardino or Riverside.

Question..... Does anybody know if a bank will qualify a sponsor that has the net worth but does not have a schedule of real estate?  I'm wondering if I could use a family member with a high net worth on my larger mul...

Real estate loans are taxed as you pay down the principle, not when you borrow the money.

People most successful in all aspects of real estate investing and the real estate BUSINESS, gain knowledge and experience n three areas: (1) real estate principles, (2) real estate law, and (3) real estate finance.  

Depending on the salaries of the new jobs they may also price out the local residents on new home sales which would further drive up the price.

I'm sure OK has its share of dumps but you really have to drive around FL to truly appreciate how much low-cost housing there is.  

We work on the principle trust, but verify.

You pay additional principle on your mortgage you are saving yourself 6.75%, BUT if you can put that money together and do something MORE GAINFUL with it then that is what investing is about.

Offer to help with lead generation, driving for dollars, cold calling, or even administrative tasks.