Typically these threads exist to reveal motivation from what we’ve accomplished, fewer are created to document the struggles that we all undergo, so that we might one day reveal the triumphant accomplishments that have been had in the face of adversity.

The team/agent community is highly competitive and if they were lying there would literally be hundreds of complaints from other teams to the real estate commission from these.Also the top teams are typically listed by a number of different reporting agencies such as realtrends, the wall Street journal etc.

What LTV% for investment property will banks typically loan on? 

Some are slightly different, but you essentially search by Association Name, and probably a pull down window for 'document type". 

Also, be careful where in Beacon you buy as there are some rougher neighborhoods.I have a recommendation on a home inspector who typically I use.  

And what kind of points/fees are typical.

I am curious... what is the typical markup on a wholesale deal.

This may be a long post, but I thought it would be good to walk through everything step-by-step, and explain my thinking along the way.If you want to stick with me through it all, here we go:I was not going to be getting a conventional mortgage for my first property for a number of reasons.First, I am still annoyed at the hoops I had to jump through to get a mortgage for my primary residence.Second, my liquid cash was on the lower end.Third, the properties that I would need to start out with would not be financeable anyway.Fourth, my DTI is on the high side, due to the decision that we made to take out a HELOC to complete interior improvements on my primary house.So, I decided that my path was going to be to form a single member LLC, and take a loan from my 401(k) at work to finance the down payment.Since I do not view the 401(k) loan as a long-term solution, I am treating like hard money, and pay it off ASAP.So, my first deal would be a flip, or a rental that was such a good deal, that I could re-fi out and pull all my cash out.I decided to reach out to the commercial lending department of the local credit union, which I am a member.The person I talked to (who became my lender) is fantastic.I told him what types of properties I was looking for, and that I’d look to turn them into rentals, or to flip them.I will never forget his response, which reminded me why I love this credit union.He said:“Typically, the deals you are talking about are much smaller than the deals we like to do.However, we also realize that you can not get to that level unless someone helps you get there.So, if the numbers make sense, we will see if any of our products fit.”Awesome!

That typically is investors.

I understand that having a real estate license isn't essential to real estate investing, however I do want to get at least a year or two (maybe more) under my belt and truly learn the ins and outs of the industry before investing in my first property.