Thank you so much Karen for the info and encouragement !

William W.I appreciate your question since the comments from those that are currently doing what I want to do have even further encouraged me to keep preparing…Ben Leybovich's comments “If you answered because RE is cash intensive - you are wrong.

Let me just encourage you by saying that I’ve been buying property since 2006, and the first 18 units were purchased with no money down.

I encourage all owners to do the same but sadly, some do not.

It is a good way of seeing what has been recently posted, and allows us to see posts we might not normally see, thus encouraging posting.

In fact, I find myself cringing at the thought I might be encouraging you to suggest to someone else to default.

Our country encourages home ownership and immigration, but it needs to be done with COMMON SENSE and REASON.

It explains how governments create the illusion of "new jobs" which are not increasing production but merely moving existing resources around, it explains how taking money from a proven businessman through higher taxes to set up a failed businessman in business through lending risky debts lowers overall productivity (no duh), and how more taxes do not encourage more production, etc.

It is really encouraging to hear that you have had success lending to a variety of people and place importance on affordability and not stretching budgets to the last penny.

I would encourage you to decide what discount you are looking for.