It sounded familiar, and I looked in my wallet and found a business card from the group leader buried amongst all my other business cards.

Stay away from the “guru” sales-pitch events - they rarely increase your investment knowledge, they merely empty your wallet!

Clearly you dont know how touchy this subject is..the first thing ppl want to do is label you as someone who is trying you sell  something and I make it clear several times that is not the case with me.  

How the Fed actually works is via printing NOTES (ready the "cash" in your wallet, it does not say money) BUT that is not what is referenced when it is said the Fed is issuing $3T into the system, they don't crank up the printing press's and dance down the street sprinkling out new notes to all the good little boys and girls. 

But there are agents that understand and cater to owner occ as well as work with investors.. and understand what Cap rate is  GRM  and or any of the other alphabet labels. 

I bought $36k in equity for $10k and I’m labeled as someone who is “stuck” with “dead equity”.

:@James WiseI understand why the discussion comes into play but when the term slimy is used regarding strategies like this or wholesaling it still baffles me that people are judged when using creative strategies when most investors talk about buying properties off market for .60 on the dollar I don’t see how this is worse.There are always bad actors in any arena of business but labeling the strategy with this kind of taboo seems silly.

KW and EXP label them and convince the masses that they are building passive income.

According to Nerd Wallet, I can allegedly afford a $1500/month mortgage.

I'll just label it "REI Mistakes".I think its just as, if not more, important to recap your mistakes as it is your successes.