YOU ARE NOT REPRESENTING A BUYER OR SELLER AND ACTING AS THEIR PRIMARY PRINCIPAL YOU ARE ACTING ON BEHALF OF YOURSELF ACQUIRING WEALTH.   I

On my never ending quest for more wealth I have been led here, to apartment real estate investing.

Unless you are independently wealthy or have a very high paying W2 job, you will get to the point sooner than later where, regardless or your credit score or equity in a deal, your DTI will keep a bank from approving you.

The consumer would never go into a grocery store and start asking the kid stalking asparagus for dieting tips and the right caloric formulas for weight loss, just because he's responsible for stocking produce and knows how to properly identify a gala or fuji apple. 

They are very wealthy financially but lack in other key areas of their lives.I would rather have 50 million 30 years from now in my 70's and have a balanced and fulfilled  life in all phases then look back and say I have 100 million now but I overworked myself all of those years.So I have a plan and year over year want to reach higher goals but sometimes I say no to things to spend time with my  family, exercise, and just get out into the fresh air and feel one with nature again.Balance is the key.

The bottom line my friend is that real estate investing has made the most wealthy people, no other field. 

You get paid an acquisition fee upfront and an asset management fee to live on and you get a percentage of a multi-million dollar asset to make you wealthy.

Having a property that meets your IRR targets and also offsets other taxable income is a common strategy, particularly for the wealthy.  

Those deals are extremely hard to find and usually only can come by extremely wealthy people who have the ability to throw down 500,000 to 1 million in cash and not even realize it’s gone.  

And, aside from the wealthy parts of the OWE, there are few wealthy people living in the city limits anymore.