One needs to really dig into the deal.. the portal once funded is out of it.. except of course for arranging the payments and servicing.. however if they get a pay off and it comes to the portal and they don't disperse that's a completely different matter as you pointed out.

Though, of course as always, Orleans Parish is the "exception" for anything that is actually beneficial for its citizens. 

Now that we have 5 houses, we are just excepted by our friends as "weird". 

To my knowledge there wasn't a difference except for maybe the filing fees.

If someone is really commited they could realistically find a seller-financed rental property and open a property management/consulting shop as well.Hey I might be a client or might sell my 4 unit brick all rented for a "motivated" price (95K), tenants pay ut-s except water.

The actual price for his work is usually twice the estimated price except when he says “Don't worry.

While we reinvest every penny we make and do not share in the luxuries of others, we do proudly boast that we have 2 dogs, 2 cats, 2 horses, one mountain cabin that I did not give away to finish and a lot of happiness and no "dirt poorness" here except in the feable garden that we have not proved up yet.

I don't know much about real estate except price goes up and down; however, that's my objective for joining the blog.

Hey,Well I found out there's a club in every other county in Fl except the one I live in.

All in all, except for a few rare instances, i think it is wise to steer clear of such investments.