when you talk trans con jets your talking a whole nother league.If you remember Duncan somebody on this site a few years ago kind of controversial.. but one night he said his G 4 cost him 3,000 a month I knew right them and there he was a big phoney.. called him out on it and he was soon gone. a G 4 is more like 25,000 and hour..

A little restless after just celebrating 20 years with the same employer, but mostly enjoy it and it helps fund real estate and a 401K.Sounds like your wife may be into healthy eating; I have similar interests.

We are hosting a couple events this month including a workshop on how to monetize your passion and our REIA NYC Relaunch Celebration.  

I'll follow your thoughts today and celebrate tonight.

Controversial....

Ben - Your goal isn't to get new investors to see things in the right light -- your goal is to create a thread that creates controversy and to promote yourself and your 'university.'

GO CELEBRATE EMOTIONS WHEN YOU SCORE THE BIG PROFIT AT THE END OF SALE OR REFI AT THE BAR etc etc lol.The bank will go lower, they always will go lower.Banks are down right retarded about money when it comes to an REO - they make bad choices financially from our perspective looking in, but that is what creates opportunity for people like us.A good deal......... depends on the ARV and trends in that area (comps) I don't know any markets in Illinois but nationally in compact areas if you can still get it bought 25-30% below the comps then that seems to be good.

Cash, check or major credit cards accepted.Come and be ready to Celebrate All of your Wins!

Areas in the realm of seller finance seem to be a bit controversial?

Yea maybe I could pick up an average $5mil home in Alpine and rent it out to celebrities when they come to NYC for a trip from LA :lol: You're probably correct with Hackensack, Lodi, Garfield and other such towns, I just have to look hard for the deals and am very excited to start.I had one more question, I read somewhere else in the forum about the "2% rule" when buying a rental; of what I understand, the rule says not to buy a house unless the rent is at least 2% of what you purchased the property for.