I was really skeptical then and now that, that time period is over you see who the REAL PLAYERS are in the game.

As a new player most if not all lenders are going to want you to have some money in the deal.

You may not know this, not only is Scott a Rugby Player (Who gets injured often :) ), he is also a pretty cool author.

Generally speaking any state that uses Trust Deeds  with the power of sale .. is much safer to lend in vis a vi a default .. then a state that uses Mortgages and Sherrifs sales or court confirmations.. those can take a long time and COST a bunch.For instance in Mississippi I can foreclose start to finish in less than 90 days for under 1,200 dollars.if I want a judgement against the borrower as well.. ( called dual action ) and done in Texas a bunch that's another 1,500. on top of it as you need to go to court to get the judgement.however loans to KNown players who are very good at what they do. and yes it can be quite passive there are many deals I do that I don't work more than 15 minutes on.. and will make 10s of thousands in points and interest.there are deals I have done that took 15 minutes and I lost 10S of thousands.. its all about your borrower and your collateral.

YUp its a well known business model.advertise on SM  TV Radiocome to free one hour eventpay for 2k  3 day course  up sell hard.pay 30k for the full course. its how the industry works.. not all but all of the big players follow the exact same script. 

However, my credit is not great and I do not have verifiable income as I am a professional poker player.

then I read almost every post on here regarding TKs,  spoke to most of the bigger players on the phone but was never comfortable pulling the trigger for all the reasons most people mention.. most importantly, I don't want to be involved in any decision on the investment after I have made it..  

The problem will be getting full ownership once those mature - I've interviewed some lawyers, but it's a small town with only a handful of players, and I don't have much volume to really "wedge" my way into those relationships. 

Rental real estate as a small player will long term make you a richer person if you do it wisely, but it’s a long path, with a lot of big and small problems to solve.

BUT MY FATHER SAID ALWAYS TAKE YOUR LOSSES TO LEARN HOW TO GAIN.I WANT TO TAKE SOME OF THIS MONEY BACK THAT THE ECONOMY FORCEFULLY TOOK FROM ME.SORRY THIS IS SO LONG BUT I WANT YOU ALL TO KNOW HOW SERIOUS I AM AND HOW PROUD I AM TO SAY THAT THERE IS GOOD HONEST PEOPLE STILL IN THIS WORLD TO MY DAUGHTERS AND LET THEM KNOW THAT YOU DONT HAVE TO BE AFRAID TO ASK IF YOU DONT KNOW BECAUSE THERE ARE GENUINE PEOPLE WHO CARE AND WOULD BE GLAD TO HELP JUST OUT OF THE KINDNESS OF THERE HEARTS.KEEP IN TOUCH BIGGERPOCKET PLAYERS!!!