Wise lenders have borrowers sign legal agreements and have them provide collateral that is worth more than the amount of the loan in case the borrower doesn't make the promised payments on the loan.

Where better than Richmond, VA, a promising location for such an endeavor?

The promise of accelerated depreciation and immediate tax savings is attractive.

Given how chaotic that period was, their response was reassuring.Truly Hands-Off Experience:Their white-glove service does deliver on the “hands off” promise.

It's not some MLM, pyramid type gig you can just experiment with attempting to make quick or easy money.

I have other thoughts, but that’s the quick explanation.

@Fabio Cattolico"if I could get an out of state property for a great price and the numbers seem promising, wouldn't it be good to start off like that if I'm in a place where buying is unaffordable?"

I wasn’t sure how that would all work considering I wasn’t taking on debt per se, but there is indeed a promise to make payments on the mortgage.

What type of return are you promising them?

He did not do rehabs like her promised.