Going and doing a first deal cold turkey with no knowledge is a good way to learn what not to do, but i think by first getting educated will help to eliminate the doubt one has, and also help eliminate the risks involved with the deal.

The only way to gain that knowledge, is through years of hands on experience.

I would like to use this site to learn more about the bulk purchasing side and offer my knowledge as far as what i know.

It will be a re-titling of the property instead of a full closing, so go with the attorney that did the original closing who has all the information and knowledge, such that it will not cost as much.Originally posted by "REI":You can send a certified letter to the lender letting them know that you have transferred the title.

By you claiming no knowledge, that have to completely validate all papers.

It takes time to develop knowledge so even that is investing in the broad sense.Josh started a thread about a failed property management firm in MO.

Niche in that it takes special knowledge that most RE investors have not developed.

[i]First, I would like to say that I am finding alot of knowledgeable information to gleam from on "biggerpockets".........thanks!

No offence intended, but working from a distance, I want all the info I can get, from several knowledgable people, including severa management companies.

Thanks for the response.I do understand and agree with you on the "exempt" thing, Just something I read while scouring the universe for some knowledge.