Again I'm no expert in this I've just been trying to wrap my head around all of it as well and that is what I understand at this point.

Putting my head down and still plugging away.

Time to stick my head out and actually say hi.I am currently wholesaling properties with my Mom and brother in the Sacramento area and looking at some opportunities out of state.

@Wayne Brooks hits the primary issue on the head.

@Steven Hamilton II Thanks for the heads up.

I've confirmed this with the head attorney for my company, Old Republic.

There's so much that goes into what values of real estate are in an area, and where prices are headed.

22% Cap rate is the range of the world falling down around my head though.

If there were ever a problem, well that's what insurance is for, I'd come out a head on any damage anyway.

There are always creative financing options, but at the end of the day as greedy as the bank is, they still won't give you the money for one simple fact, you are already in over (or at least up to) your head in their opinion.