For example, think twice about asking someone inexperienced to lend to you in second position.

Hi, I'm Mike Lam. Completely new to Real Estate. I live and reside in the San Jose area. Recently not working and had a sudden intense interest in Real Estate Investing.

The book that got my up fired up wa...

Being young and inexperienced I didn't draw up a partnership agreement and we didn't assign roles.

:welcome: to BP.Care to meet up for coffee/tea or something similar?

Sophisticated would be your hard money types and unsophisticated would be the inexperienced person with cash whose greed you might appeal to in order to convince them to make you a loan.

I don't recommend the drop n lock installation system except for the DIY and inexperienced crowd, get a 2G if you can find one.

That is what we did and it is doing very well and we didn't pay a ton for it either.I also use the Zinus Green Tea mattresses and they have been awesome.

Hm, as a woman, my thoughts are that constantly walking on egg shells is not my cup of tea. 

For someone inexperienced and on a limited budget, it is often times best to get opinions from other investors so a mailing is not wasted.Testing is great but it is very tough on a $3,000 budget to adequately split test a mailing, let alone test many different factors.

My experience with wholesalers has shown most of them are relatively inexperienced at business; may have attended a seminar where they were given a cookbook on how to conduct business {at least it seems that way when you compare pitches}; and have engaged in wholesaling because it was the avenue most fiscally available to them.