A mortgage client of mine asked me this:"Please ask your network this question for me as I lean into r.e. investing:1.If you could do it all over again, knowing what you know now, what kind of investment property would you buy for your 1st unit(s)?

Yes, it can, but typically if its a one time capital expense that in any other year would have been income and its the kind of expense that only takes place once in 15-30 years, then as a loan officer, we can add back that as income in most cases.

Doing a syndication is expensive for the first round, that's why it's nice to have a few people you trust to form the LLC with you, and you can try out the process of raising money and meeting investor demands.If you don't have that kind of time, then I recommend investing in someone else's project.

All investments come along with some kind of risk.4.

As far as you know, there may have been other collateral securing this loan or the bank entered into a deed in lieu or some other kind of discounted payoff, reached a settlement with the guarantors, etc.

Day 14 of 14 of sending love to those in the Note Investing world that were kind to me when I first started out.

I dont have anywhere near enough time or money to take on this kind of project but a house this size and age in this area could easily go for $175k. 

I dont have anywhere near enough time or money to take on this kind of project but a house this size and age in this area could easily go for $175k.

@James Kojo, I appreciate the kind words.

How much do all of those cash flow...or at least...is it substantial cash flow or what kind of numbers are going on with all of those?