If newbies have some whizbang guru scheme to spin off a few dollars on a pre- or FC property, stay away, far away, as far as you can possibly get away.These matters have been up before here, a few whizbangs argued they knew what they were doing or what they did wasn't going to be in violation, whatever their financial interest was in promoting this stuff, they were not lawyers and the had no clue as to the breadth or depth of the ramifications of their actions, much less the risks involved.Another side, as to the issues mentioned above, any other party to that transaction, agent, title folks, bank, attorney, or even the seller's 3rd cousin who came over for dinner may very well see you as some scam artist and get on the phone getting who knows what authority involved.

So if your a gambler or you can afford to lose a couple grand then dohardmoney.com is the site for you.

I actually wrote a blog post on the topic a while back with some pretty in-depth information regarding it.

My trading partner is a Fearless Gambler and I have a major problem with Fearfully Trading online.

The landscape is littered with the financial remains of folks just like you who made only a single critical mistake - and lost their entire portfolio, their life savings, even their own home and possessions in a lawsuit.That makes you a gambler.

Hi,I have a 90 feet length and 40 feet width 3 feet depth ditch in the backyard where the county catch basin is in the middle next to the retention wall.

Don’t like 25 or 30 depths.  

Now in the scenario that you secured commercial financing on 75% of the purchase price (which is the most leveraged you'd probably be able to find) and 15% in seller financing as a second note...10% could be raised privately; as most lenders typically require the individual or entity to put up a bare minimum of 10% of its own capital after any seller-held notes.  100% financing on a large rental portfolio directly from the seller seems very unlikely... but if you at least want to talk-the-talk, I'd certainly recommend talking more in depth with a local commercial lender and asking them the criteria that they look for when lending to potential purchasers.  

I know you need to be very careful in dealing with co-mingling funds between accounts as well but I didn't want to comment in depth since it's not my area of specialty.

PROs and CONs to each and if there is any book recommendation so I can get a more in depth knowledge on it.