So add the drama of dealing with people who are already not paying for their water.

They want more online leads, but I'm quickly learning their bigger issue is outbound sales & marketing, i.e. understanding who their customers (and referral partners) are and engaging them meaningfully.I've been lurking on BP and researching their build areas and it seems like their primary clients are developers and investors, not individuals building their dream vacation home (though they are part of the mix).Their value prop is dollar efficiency and speed.

Banks only have 10% of the money they lend thus it makes sense for them - but for people who are not a bank why make 6% taxes as ordinary income and barely keeping up with inflationThat $1000/mo payment will be worthless in 20 years.

It’s great to connect with knowledgeable people here and not be completely in the dark as I would be without this forum.  

Flipping is a high risk high reward endeavor, especially with people just starting out. 

I'd love for anyone to connect with me as I hope having people to talk to about all this will help make my first time jitters go away easier.

I'm trying to find people who are actually doing it to check that the theory works.

There are 2 types of people who dog on Detroit.. 1.

I'm glad to know people do have success with it in certain areas.

@Tejani Jeet BhaveshThe debt does not go away it is just unsecuredIf you are a borrower and get foreclosed on if the debt is not paid off it does not go away - it is just unsecuredOnly way for it to go away would be pay it off or bankruptcyYou are seeing a lot of articles on zombie loans where people lost homes or kept homes but were underwater and old mortgage lenders are coming back after them as the debt is still valid and they thought it went away