Curious what your experience/learning has been.

So as long as you know you have 25 to 30% of the proposed deal in cash.. thats one.two do you have experience.. these are tough to get for first time borrower. ??

Any insights or experiences would be greatly appreciated!

Generally you dont know a bad PM until they mess up and you dont know a good one until you have a little experience with them.

I've gathered that one of the best ways to learn is to follow, shadow, or talk with those who have experience and have found success in REI.

I didn't experience that financial loss. 

After buying and selling over 1,000 properties for my own inventory, hundreds of which came from REOs,HUDs, VAs, Tax Sales and Sheriff Sales, I have some experience in this area.1.

Hi there,I am wondering if anyone has any experience with owning property on leased land? 

In my experience the governmental liens don't drop off with the sale so depending on where the properties are you can have issues with city liens like mowing, cleanup, demolition, etc.IRS so far has not been an issue for me....and I have bought property with IRS liens, but it is nice to know if they do have IRS liens.So far I have not purchased anything with lender liens on them....everyone says those get wipe out, but I can't believe that is automatic. 

Your clients will be coming to you for your expertise on what is likely their biggest asset and investment of their lives and keeping yourself up to date on the news and learning from others experiences is invaluable!