If it were easy to explain where home prices are going we would all be rich!

The lawyer they interviewed was a Texan, but I'm sure the principles apply the same here even if the nuances and technicalities differ.I will observe that many of the more extreme asset protection strategies described by the lawyer will not work if your buy and hold properties are financed using traditional mortgage financing.

That was my first RE deal after attending a Rich Dad seminar with a buddy.

My roommate gave me a copy of Rich Dad Poor Dad and said I had to read it!

At best if you financially qualify for a conventional loan from a traditional lender,you can get an FHA loan with 3.5 percent down if you live in it with the tenants.You will need a good job and good credit with sufficient income to qualify for that loan.Otherwise,you're looking at hard money loans with 20%or 30% down and several points upfront and a higher interest rate around 7% for a minimum of two years before you can refinance to prove you can manage the loans and make payments without problems.That's how professional investors do it normally.

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!

They occasionally put traditional sales on there but 99% are foreclosures.

I'm now looking to get involved more deeply in the investing side -  through buying and holding, and at some point flipping - focusing on helping those who may not be able to purchase a home through traditional methods still realize the dream of home ownership.  

Rich Dad Poor Dad, Sell or Be Sold, If your are not First you are last (one of my favorites), Elon Musk, Millionaire Next Door.

@Rich PierroObviously there's a lot of unknowns here but if your comps are at $389, I think $430-450 might be a little high.I'm not sure what you mean by "60 day close and flip", but if you mean that's the time it'll take to flip and close on the sell side- I think you've underestimated that.