When you pay off an account, like aPersonal loan or mortgage the average age of your active credit accounts drops and your score goes down.

When I asked him to start an LLC he smiled and said find someone half his age to work with.

Depending on the age of the home and the condition, I usually set aside 3% of the purchase price of every new property into this CapEx Savings account.  

These are really interesting perspectives on a age old issue.

Hey @Colin Yang congrats on making the decision that you want to get into real estate, but don't let your age be an excuse or a hinderance.

No, my visa was denied ages ago.When you apply for a visa, you have to prove you’re not an intending immigrant.

I go to RE meetups all the time where I meet guys my age (I'm 23) who want a mentor but expect someone to give them all their advice/experience for free after having one conversation.

Read is bookIt a "must "read for any one at his age Rich DadPoor Dad

I have relatively few other assets at age 31 (less than 20k).I do have interest in real estate, so trying to learn more as advised by the podcasts...particularly because I don’t currently work where I live and want to buy property.

A few nuances here related to the numbers:List Price: $449kFirst Offer Received Buyer X: $465k w/ $95k down (with appraisal continency) Final Accepted Offer from Buyer X: $480k w/ $48k down (appraisal contingency removed)Bad Appraisal: $440k (should have been appealed with ROV due to errors but buyer declined; average age of comps was 11.5 months and no inflation was added to adjust values, also appraiser used incorrectly small square footage)Buyer's Original 90LTV Loan: $432k ($480k w/ $48k down)Buyer's "Final" Loan Application: ????