If you expect to require no major sources of cash in the next ten years, I say pay off the homes in the fashion described, as long as you're familiar with the sacrifice in returns you get by not continuing your leverage.

Because of my lack of experience, and resources, I couldn't meet his demands in a timely fashion.

Hi Friends,I am running multiple DM campaigns and am having a hard time keeping everything organized in some fashion that will allow me to really understand how each campaign is performing.

there is a woman who blogged about her experience here (and about 4 earlier posts on her site) - it's worth a read if you want to know more about the houses being sold at these seminars:  http://flippinginrealestate.blogspot.com/2014/05/b... the one on one was interesting and useful since nobody else was asking newbie questions and the guy we met with was willing to share his strategy - he does all his investing out of state.in summary, rather than spend 20-40k on a guru course, spend 10-30% of that on some good old fashioned marketing.  

Welcome to BP @KALLISA MORSE... curious, is someone hanging around on a busy corner in Silver Spring with a sign that says to "Join BP" (as in the "going out of business fashion" with twirling signs)?  

We stay with our borrowers through out every step of the commercial lending process to ensure the loan closes properly and in a timely fashion. 11 Capital Finance personally handles all title insurance issues, property insurance issues and does all of the coordinating with every party involved in the transaction for our clients.

Not returning calls in a timely fashion,etc however as it has been said by "rich dad" "poor dad" I need to mind my own business.

It’s simple, if you do the math in this fashion $150.50 for each sq ft to build from the ground up.

I need something that teaches everything in an organized fashion.

There are other approaches that could be considered, such as a deferred sales trust, although that ties one's money up in a non-liquid fashion, capital gains are recognized gradually over time, and the plan has some ongoing costs and hassles.