Newbies need to stay local, IMO.Seller financed notes are the easiest to deal with, one on one and they can be had at a greater discount, I've already explained that.It was either in this thread or the one Dion mentioned above, that I described how to start learning, follow that!

I really don't have to explain myself due to I will be the person footing the bills 💸 right?

Anyone who has to pay for good reviews, deletes any critical comments and blocks those people, and can't answer any real follow-up questions when someone digs into what their word-salad comment is actually supposed to mean (like when he tried to explain how to handle a due on sale clause on here a few months back, and made up a ridiculous answer that we all called him out on because it was wrong, then he stopped commenting), is a little sketchy IMO.  

I always got the impression that he had a bad criminal record or never got his high school diploma/ GED equivalent or some other issue was preventing him from getting a license, because he was basically just brokering without a license but calling it consulting (I don't know any of that to be true for the record, that was just the impression that I got from his comments and might explain why he used a fake name?). 

Let me explain:50% rule = tells you nothing of value, means NOTHING, 1% rule = tells you nothing of value, means nothing$100+ cash flow/month = means you are making $100/month in CF per month.Why do you want to invest in RE? 

The same is true for a house—placing a tax-advantaged asset into a tax-advantaged investing account cancels the tax advantages (or many of the immediate ones).Maybe @Michael Plaks or @Kaaren Hall can explain this better or correct my understanding here?

I'd be happy to explain the process further as well or answer any other questions that you have!  

Don't waste your time trying to explain or justify the applicant's behavior. 

So even on a small purchase of 80k and getting 85% leverage you still need to be 30k liquid to see the project through that's 37.5% LTV Thank you for explaining this the way you did.  

Condos were built by a lot of cheap scumbags who are long gone and people are going to be left holding the bag on these.This guy is pretty good at explaining it:  Yak Motley Florida Condos;t=4s