But here is what blew my mind when reading this, but I know very smart people who fall for this all the time: It is the "“Too good to be true” syndromeHere is some excerpts:Kapoor’s alleged incentives included a contractual promise to pay the investors quarterly no less than a 7 percent return on investment that would begin when deposits and purchase contracts were signed, the lawsuits allege.

If you live in a unit, you can borrow against your equity more easily than if you do not. 

You can easily check prices online.

Get the loan having someone pay closing cost and interest for me in return I had to split 50 percent of proceeds.

I know pvc is not porous but with temperature in the back side (inside the wall) the front will easily develop this.

Personally I prefer to have about 20% down if possible to make sure I have enough equity in the property in case rents go down or values go down and I’m forced to hold the property for a while untilThe market returns.

My issue is that it would take me another couple year to regenerate the capital that will be tied up in any potential property with a not great cash on cash return, and I know a lot of the power of real estate comes from leverage and loan paydown.

If you are looking to use your W-2 and tax returns to qualify, you would be using a conventional loan, which typically don't allow LLC vesting (unless you transfer the deed later).

Glad to see progress is coming along and once it is all said and done, it will provide great returns!

That rent would have easily covered the cost of hiring professionals, the job would be done better, and you would have saved yourself three years of blood, sweat, and tears to focus on your next investment.There is a time for learning and DIY, but you have to be smart about it.