Account ClosedI am confused on the rational of using conventional financing will cause you to burn though all of your money on a single investment.

I'm normally fairly rational.What is happening around us is not rational.

----------------------------------------------You miss the salient point: Rational relationship.

Typically I would have held and waited it out, but luckily I liquidated because I was planning to buy some additional properties and am now sitting on a lot of dry powder actively looking for deals.I believe the rational for not selling might be the same dynamic behind buying for monthly cash flow instead of buying based on speculative appreciation.

If you want to disclose every single time no matter what, I highly advice you don't pitch yourself as a middleman.

It can be from guru X or guru Y or guru Z or a mentor.Guru X -preaches tell seller you are the buyer, do your own comps, finagle your fee on topGuru Y- preaches go flip war zones, break into properties to check them out, pay title under the table to clear any issues and add your fee on topGuru Z- preaches learn every single solitary strategy out there to be the middle man and add your fee on topMentor- a wholesaler is a real estate marketing machine who knows their market and can provide value to all involved for a modest fee.

Also Spain is considered #1 drug trafficking gateway in Europe.So the reasons why there is rise in real estate are sometimes not rational.

We all have them - against all ration and sound advice we do something that turns out to be completely stupid.

@Jonathan Dempsey outlines the only situation in which it's rational.  

I quickly decided I didn't need the middle-man and built a team in DFW and started collecting single family buy and hold properties.