And I agree just because someone is on BP a lot with many posts or has done a pod cast does not make them necessarily some extremely credible person that anyone reading should blindly follow.

It seems the CFPB has been so busy policing the mortgage industry that it has taken a blind eye.

This is essentially a blind auction as in no documentation is provided for due diligence including financials.

Or should I supply rods or blinds?

Just found two different ads on CL...both blind ads.

everyone's circumstances are different & its knowing your own & working with that not feeling like u have to keep up with someone else's spreed...its great to be here as a newbie & inspired & educated...it really is, but we do have to be careful that we are using our discernment on each decision moving forward & when to take action, when to pull back...that its a life time journey we have committed to & BP does state this regularly from the forum but some may be blinded to that out of desperation & impatience.Newbies with bad credit & poor financial management skills definitely have to get that area sorted first, there are principles involved in building the right foundation, if newbies aren't educated they will think "This will bring me money to sort out my bad debts or management" but it doesn't work that way, this was an area I wasn't aware of until a couple years ago...so I do think there should be some type of Caution Statement for newbies, maybe a check list they need to have in place before they consider taking action in REI.

We scrubbed the blinds and the substance comes off a little, but not completely.

@Ajay MalhotraSounds like a blind pool, which means the passive investors not only do not know what properties their money will be invested in, but also don’t know anything about the properties other than the parameters stated in the operating agreement and or private placement memorandum.

I started with a small blind pool raised from my co-workers at my "day job" that I was leaving to go full-time into real estate.

-Mail 1,000 postcards to same criteria above (with fresh names, of course) but this postcard will quote a blind offer of 45% of ARV/Retail."