One of them stuck with it and retired on the income from her apartments about 10 years ago.If you are investing to gain the admiration of adoring crowds, you can follow the guru model and just pretend you did it and talk about it.If you are investing to provide a secure future for yourself and your family, just roll with it.

The final rule describes certain minimum requirements for creditors making ability-to-repay determinations, but does not dictate that they follow particular underwriting models.

I can usually tell whether or not some one is really interested in selling and will fit my model.

Help I lent on a second and now the developer builder is in default.. and the project is not done and I don't have the money to pay off the first or the expertise to finish the house.. that's the risk.. if your talking small dollars and you can afford to lose it that's one thing.. but for 6 to 7% return there is simply things that are Far safer than 2nd position behind construction loans. 

**Tip...you can visit new model homes to see what's new with everything from paint colors to countertop materials and get great ideas for free ;)

“We are specifically targeting the informed accredited investor who wants to invest in large real estate deals, but cannot afford to take down the entire deal.” said Kevin Swill CEO of The Carlton Group.But can the crowdfunding model, that has been so successfully utilized by companies like FundAnything (http://fundanything.com/en) and others, can it really work in real estate financing?

Create a vision or a business model.

The #1 issue I have with appreciation investors is the fact that a significant component of your model is built on on a forecast (housing price movements) that no one can predict and the average investor is not going to be wise enough to pick the right areas and houses for appreciation (look no further than 2008-2010 period).

Keep in mind that every REIA is a different model.

So I love the 50% rule for scanning listings prior to modeling them in a spreadsheet.