I went back in to try to reduce the amount below $25,000 to not have the collateral language, but it seems like I’m “locked out” from doing that and the amount I accepted is the amount that’s locked in that field.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proUse the Bigger Pockets glossary to learn more about real estate terms that may be new to you: https://www.biggerpockets.com/rei/glossaryAlerts can be really helpful too: http://www.biggerpockets.com/alerts

So, I thought before jumping out directly into the industry I would like to have a mentor because I have 0 experience in this field and would appreciate if anyone could help me out in this regard.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/blog/The site has quite a few tools that can be helpful for new members.

My current business (where the 401K plan exists) is a single member LLC, w/Scorp election and in a field not related to real-estate .

Many people come to work in the fields but have no desire to do long term rentals or to own a home there.

I work in the fields of real estate and contract law so it also lends itself to real estate.

Hello Greg, the town is Elysian Fields (area code 75642)

I recently had a meeting with an individual in the CRE field as a broker who advised the multifamily game has no value anymore unless you own the property outright.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.The site has quite a few tools that can be helpful for new members.