Investing in any of our funds is comparable to purchasing shares in a non-publicly traded company.

I'm looking to find an investor who is currently working on a project in the Tacoma / Seattle, Wa. area that would be willing to trade some free labor to help me gain some experience in the process.

Offer to trade knowledge

I plan on trading up properties within a 20 year span after purchase, so I take the typical approach of a good asphalt shingle knowing that I probably have one re-roof to take on during my life cycle of holding the property.

I'm able to qualify for $400k-$500K for a residential loan so I'm assuming I can swing it for construction.Few questions for the experts:1) What are typical terms for construction loans?

But like almost anything in real estate, most things are highly localized and market specific, and there are definitely:a) Wolves out there pouncing at the opportunity to take your moneyb) Very well intentioned people who just don't know what they're doingc) People who do appear to have a successful track record but can be a bit short-sighted (throwing large sums of money into the real estate game with no regard or proper planning for the next inevitable market shift)d) People who seem to get lucky sometimesande) Guys who are experienced, have a track record, and are prepared to play the long game (are aware of market cycles, have a plan that limits their and/or their investors exposure during potential transition periods between market swings, and so forth)There's probably more but that's my short list off the top of my head.

. - how did you swing that property for $7k?

In this case I would have cash out to reinvest AND a tenant helping me gain equity back from the original property.Maybe the right way to calculate this trade off is to determine how long it would take the rental income to pay down the equivalent principal to the amount I'd save in taxes from the tax exclusion...

I have a friend that is trying to get me into forex trading.

When you actually have to put cash on the table,  that hurts, alot.If you felt you couldn't swing both.. then you made the right decision.