This goes with your exit strategy, if you have a collection of Ds then all they will ever be are a financial tool.

Would there be a benefit to getting a real estate licence just to have as a tool when looking at properties.  

We're in our early 40's so we really want to leverage real estate as one of our retirement tools.

It is rare that you get 2% or more, areas like New York City,and parts of California, Texas, Florida, and some other areas you can find them, but not everywhereThe 50% rule is meant to act as a quick analysis tool, to insure the deal is actually deal.

Unless you are at the very tippy top of their purchasing power in terms of DTI, that will not be an issue.$100k contract price, 90% LTV loan.Oh noes, appraisal comes in at $97k.95% of $97k is $92.15k.

You've found the right tool for networking.

What tools would you use?

I'm looking forward to utilizing all of the tools necessary here to make that big transition over into real estate.

Last summer I worked at a real estate law firm and my interest has skyrocketed as I saw the power that real estate has.

I've been enjoying all the podcasts (wow, they are incredibly informative), and just getting to know how to use BP as a tool in our ongoing RE quest.