That said, if you’re experiencing difficulties reaching them, it’s wise to pause and seek clarification until you feel comfortable.

A restaurant or café with outdoor dining could thrive in this environment (there are not so many around the area), benefiting from the steady local traffic while also enhancing the appeal of the residential units.

My eyes used to glaze over when my hubby tried to explain it back then, but now he has my FULL attention on this topic.I definitely think it is a big risk BUT the potential rewards are so vast that I think it is crazy not to dip a toe in with whatever amount you are comfortable gambling with.We saw our light coin investment almost triple in about one week...nothing else I’ve been involved in gives those kinds of returns so quickly.

If you buy a property that cash flows $200/month, you would need at least 40 of those to live a comfortable life in America.

You want to be able to wash a king sized comforter easily which the 4.5 does.

Your disposition may be to move forward with that as i believe i read in your introduction - but not needed to understand and develop some degree of comfortability.  

Ideally, you'd want closer to $40k-$50k to feel truly comfortable and have a safety net for your first investment property.

When I was his age and even into my early 30's I had a fear of speaking to people or publicly and am comfortable doing it now, but we have felt this is a good skill to have.

Carlos,For example, I could comfortably pay 15% annually and maybe even higher.It's very hands on and very active involvement and consists of doing deals...Can turn $200,000 - $300,000 over every 2-3 months doing turnkey or even quicker "wholetaling".Picking up deals lately at 30-40 cents on the dollar.Ramped up in-house acquisitions as wholesalers suck big time.List on the MLS for rookie flippers to purchase at 50-60 cents on the dollar and Bobs your uncle lolProblem with me is the OPM.It's a responsibility and an obligation and a commitment.I treat OPM tighter than my own ehhhI love the saying "If I pay you, then I can F@$# you".My mission in life is to stop getting "paid" as much as possible.The next on my list of elimination are investors/buyers.They are still paying me, thus are still F@$%ing me heheSorry for the brashness lol

However, the loan would need to be under my name, as they won’t allow LLCs.I’ve received advice from others who feel comfortable with this arrangement as long as they have high insurance coverage limits, which the lender also recommended.