(And you have GOALS) = success I am glad you're starting to be more active on the site.

Essentially you need to run some numbers to see how much equity will be in the property after purchase, what your cash flow from the property will support, etc.I'd do a search of the BP site on "Creative Financing" and see what others have done.

Like many of you I have been listening to podcasts and reading a few books on real estate investing- trying to get a good education about it before fully jumping right into it and continually have heard the bigger pockets is a great resource for real estate investors.

I hope to be a great resource to anyone interested in learning more about this real estate discipline.Cheers!

Basically if I would have bought site unseen and taken their proforma as truth, I would have been ripped off and been underwater with a negative cashflowing property.  

I only buy after they;ve gone through foreclosure.I'd never build a nice site built home in a crummy neighborhood unless its some freak situation outside San Francisco where in a few years the junkers will be torn down and $1M (small) homes will be built.  

Hi, I am a new member here in South Florida,  I am doing what I think my post people are doing by joining this site.

The BP Free course would be a good resource for newbies like you.

BP has been our number one resource, so I look forward to continue networking with you all.

They're free and an invaluable resource for learning how to do different aspects of real estate investing.