It is very easy to visualize a scenario where you start with great credit and high limits, then charge up a card or two scaring your creditors.

Selling wealth has to be one TOUGH business, since the non-wealthy can't part with even $49.00 and the wealthy don't really need those FREE BONUSES (whatever in the heck THAT is).The masses never fail to eat the chum, especially when they're scared, but even better when they're scared, hungry and STILL greedy enough to believe

I hope a lot of other newbies will see this post and realize they shouldn't be so scared to jump in as long as they are educated in what they are doing and really love it.

It's tough if you have rental property - banks are scared to handle a residence loan.

My question is , do you think this could scare away prospective tenants ?

This is what scares the heck out of me!

Down pymt payable on formal contract (including above deposit) (3% listed)4. subject to existing or new mortgage5.Cash on Closing (balance listed)So basically, good faith/ earnest money in somewhat equivalent to down pymt since they are due when I sign, which scares me since I am wholesaling, I want to make sure I get deposit back if end buyer falls through.

If you were fairly new to RE investing, were you scared you could get stuck with a property that wouldst sell ?

i keep up w the politics pretty good, hate to dissapoint ya, but the health care pork is just one of many.

This will probably be at least a year or two out, as the numbers scare me for the time being, but I would like to start learning about what to look for now.