Commercial loans can and still do have balloons.Dodd-Frank was targeted at screwing up, er, uh, I mean, fixing consumer owner occupied lending.It has nothing to do with commercial.

Consumer debt is the type of debt you need to avoid.

About $125/mo for 4 units, 12 people, and about 25 loads of laundry, with smaller/modest watering needs for landscaping.. is what I pay in Richmond on my 4plex.

After that, you can do continuing ed classes online in order to maintain it.If you haven't already, check the state Dept of Consumer Protection's website for info.

@Rhonda Chesley other than the aspects of the safe act.I think these transactions are fairly complicated time consuming and have a lot of issues that could pop up when your trying to work you way through a NP note sale especially if the orig owner is still there.

Personally I have modest capital at the moment so I look for the best deal.

I am also looking to create a passive income stream through real estate investing and have already paid off all my consumer debt as the first step toward financial freedom.

Definitely not an expert, but I feel corporations are leaner and more efficient than they have been in years, banks have higher reserves, the average consumer has gotten smarter about debt (at least most of them I know, not sure of real statistics), the guys in charge of the money supply are actually quite intelligent (at least much smarter than me), public employment is dropping while private employment is rising, and while we are spending too much as a nation, more of us seem aware of that and willing to do something about it, especially the younger people I speak to.

Local experience will dictate what consumers in that area are looking for and if demand is being met.Cost:$75 per sq. ft. is about right for suburban Atlanta.

All of this space saturation puts pressure on rents for office space along with any foreclosures where you can buy for a cheap basis and offer lower rents then someone with a high debt service to fill up quick.Building ground up has the most risk, the most time consuming, and generally costs more money than anticipated.