With some of my clients, I've seen discounts of 30% to 90%.Here is a real-life example: I invested in a $50K note; it was second TD but with significant equity (over $200K) protecting my investment. 

Do that every 2+ years, sell tax free, repeat, and you can be set for life ("live in flips"). 

I talked to numerous California investors in real life and phone/Zoom calls who have lost money in far away OOS markets, mostly Midwest markets (e.g. repairs, capital expenses, bad tenants, properties vandalized while under renovation, evicted tenant stole all the appliances, property managers with high fees or overcharging for repairs).

Just saying it is just a speculation doesn’t make you go anywhere in life. 

Ask yourself how much work you want to do (real estate is not a passive income endeavor) and how does it or does not fit into your life right now.

I have not paid yet- pls help a senior citizen salvage his entire lifes savings!

Otherwise, if something horrible does happen, you just opened up a huge lawsuit that could destroy your life!

Today question is Universal Life Insurance (provider,) I am looking recommendations for companies that work with real estate investor?

I found several properties, made one phone call to a loan broker, paid the 1%+ and life was easy until my broker talked me into re-financing on every loan about every 3 years, or maybe, there was so me reason I had to re-finance.

Development has changed my life.