Annualized, that's over 50% return.You, on the other hand, would be earning about $12K on your $85K investment over 6 months, for an annualized return of just under 30%.So, from this perspective, he's earning a better return on his money than you are *AND* he's putting in less work.

There are lots of CPAs and tax pros that really don't know alot about the nuances of real estate investing, so don't just place yourself in their hands without first educating yourself.

A handful to start.

Ctl=295I could get my hands on it for around $200M

The good news is that most people around here are very diciplined and prices for properties haven't gotten out of hand.

I am a new investor from Nevada and I happen to be in Jacksonville for a week with a lot of time on my hands.

While all of the above is true and good advice the easiest way to avoid lending scams is to deal with the handful of really knowledgeable lenders that regularly post on BP.

It's very rare you hear of anyone's hand getting slapped for violating this rule.

He handed the title company a cashiers check and the deal was closed.It funded the following morning.This gentleman died eight days later.

The reason I support it is because it is a "hand up, not a hand out" program.