In my opinion, the best way to start networking for mentors is at your local REIA meetings.There are a lot of sharks in the investment pond, so be very careful as you talk to people about working with them.

Trying to see what the demand is for turn key properties that require 25% down. I might have a private lender that will lend on deals that have 25% invested and would go beyond the 10 max that FNMA has. Average deal w...

Just my opinion.

Richard,I trust all is well with you.Personally I find this all quite interesting but, what in your opinion do you propose the BP community can do about it even if it is true?

We're robbing Peter to pay Paul, and before we bottom out, we'll be suffering the consequences of robbing Paul.So, your opinion?

If your area doesn't have title companies, then just ask a real estate attorney (they shouldn't charge you for a five minute question, in my opinion)

Can you tell us more about your background in real estate investing and share some of your opinions on how is the market in Richmond?

EikichiI do not agree that options don't give you an equitable interest in property, Don;t take "website experts" opinions as a true fact.

I am not saying that is a bad thing as you SHOULD be paid for your services, only to point out your opinionated statement does not come without bias.Alfred,If you are not "too hot" on retirement or tax deferred vehicles, you need to get hot as they are one of the greatest strategies/advantages to planning for retirement.I would NOT suggest you pull the cash out with your 20 month deferred plan as you will not only pay the marginal tax rate on the withdrawl, but you will also get hit with an additional 10% penalty.That said, you will basically end up with only 1/2 of your funds after taxes and penalties.I would strongly urge you to reconsider that course of action and educate yourself more on the subject, both right here on BP and any other sources such as books, news articles, programs, etc.If you are self-employed, I believe the solo 401k and now, the 401(a) plan to be a great choice over the SDI.For those you are not self employed, the SDI is a great feature, much more beneficial than IRA accounts managed by others who ONLY care about how many fees and commissions they can earn from you, regardless of the fact that you make or lose money.There are several legal and moral strategies to use qualified plan funds and benefit yourself outside of the plan all while benefiting the plan at the same time.

Originally posted by James Young:It is not my intention to start a 'Bash the Government' thred but to gather opinions.