Finished my first real estate investment class, ready to get out there, looking for a mentor and learn from the best, while becoming a support system in this industry.

If the deal is too thin to support a hard money loan and/or there is not enough borrower skin in the game to recoup your capital if things go awry, then you can lose money just like any other investment where capital is put at risk to earn a return. 

I am thinking foreclosures in a market out of state in large university towns.

Thank you everybody for the support

The only reason I say that is because Michael Blank recommends the 25% or 30% equity for the sponsor if the deal supports it.

Thank you to all for the great feedback and support!

My husband who never supports me on anything and spends money on things we don't need is always fighting against me. 

It seems that BP has a great community support, and Im looking forward to both learn and contribute.  

Background: The house is located in Brookhaven, PA and is a 4 br/2 ba rancher on a dead-end street approximately 1 mile from Widener University and 25 minutes to Philadelphia.

Make sure you get a Qualified retirement account set up, correctly, and get continued support from your attorney, planner and CPA.Good luck!