Trying to do this sort of business without knowledge of that law will get the wholesaler into deep doo doo.If I was going to do one of these workshops, I would take the one our REIA puts on periodically.

If you are knowledgeable enough that your offers "make sense" it will help their motivation to go down that road with you.

It comes down to what takes place.If the group is all family and friends and each decision is reviewed by each person then you are likely fine.If the other person is a stranger you met through Craigslist, they are an elderly lady with no RE knowledge and you are the one making the decisions for the deals that are funded you are in serious trouble.

Hopefully someone out there has more knowledge about this kind of thing then I do.

Wow James, to the best of my knowledge you are a realist not an idealist (LOL)!

It feels like i have been living a dream the past year with all the knowledge I have obtained.

To the best of my knowledge would I be correct in saying I thought one would have to be a Mexican citizen in order to own property in Mexico?

GOOD being defined as knowledgeable and experienced in the type of property and transaction that you are interested in.

I have excellent credit, a little bit of real estate knowledge, and a great deal of common sense.

I hope to network with other investors on this site, share knowledge, and provide some opportunities to make money for other investors.