Avoid daisy chain lists and package deals from those that are willing to send 300 properties at a time, on some list.

Why not contact some portfolio lenders in your area and finance the package?

There are some more seasoned folks there too at times and the food is good.Phill's RENC meetings are by far the best meetings in central Texas.

3)Instead of doing this deal via assignment, can I have a standing agreement with Moneybags that states that if I present them a real estate opportunity, put together an investment package and they close on that deal, then I get a piece of the deal, either through a fee or possibly equity in the deal...although if I do this, how is this not a form of agency, and is this not illegal without the proper licensing?

I have taken to carrying rolled and loose coins with me in the truck and using them for fast food and other expenses under $5 or so.

I have packages across the midwest, south, east coast, and florida.

Either way, they package the technique into a course and sell it as TNBT (the next big thing).After having created that specific technique, they package it with pretty video's, tons of written documents, nice web sites, fancy squeeze pages and other materials and call it "The New Secret Sauce" for Real Estate Investing and they market it nationwide.There is a distinct difference between a Real Estate Investor and a Real Estate Entreprneur.Examples:The Realtor in South Carolina who prior to the bubble bursting sold 15 properties in 15 minutes to a list of buyers he had been building for years.

But you are 100% right, I still don't see how this package was EVER valued at 12MM.

Just food for thought - it would preserve a lot of your cash to start working on your next property after you've got this one up and running.Anyway, best of luck!

I'm sure there's a newer version available, but I intend to use my $300 software package until I upgrade to an OS that won't run it anymore...