.), whereasPrivate Lenders: Generally have more flexible loan terms since you are arranging your financing with someone who is not in the business.Like many things in life, they both have their advantages and disadvantages and one is not necessarily better than the other.

So if all hell broke loose, all I'm losing would be the original 20% + time + Headache + Uncalculated rehab cost, which is still somewhat a acceptable loss in my current stage in life.

Real Estate is my life, and I'm always happy to chat with other people interested in it.Feel free to post a question, or to email me directly.

Welcome to BP, @Chance BostickYou may start from the Education section; listen to the podcasts and webiners..Life is a school of learning, and we all learn one thing or the other each day...Feel free to ask any question and stay close to the forums: you will learn a ton!

Unfortunately, life just isn't that simple and real estate is highly localized.

It's just a normal way of life for many of the people here and a lot of people have no goals of even owning their own home,@Chris ReevesThank you for taking your time o input some advice.1.

I plan to be in the Real Estate Industry for the rest of my life.

Hopefully I can give back to the community by sharing my life time of construction experience, especially for New Yorkers. 

I am based out of the Tampa Bay area and have lived here my entire life.

Fear is the number one motivator or de-motivator in life.