Not wanting to sound like an attorney, but companies like the teaser because they are on firm legal ground: so long as company clearly tell consumer prior to purchase when they must cancel by [knowing statistically enough will not comply in time to make the teaser marketing profitable] be it rebates on computer software that many folks will fail to mail in, or real estate CD w/â€mentoring†or whatever that some unfortunate folks will not timely cancel, or Chrysler minivans forget to return….Legrand was very ethical each time I or my partners have tried his teasers [no Mr.

(It could be rented for more, maybe $3000/mo, but I'm only comfortable charging so much on principle.

I pulled $35K from my wife's roth IRA principle and took out a $50K 401K loan for the remaining down payment. 

Take courses or read books on real estate principles, real estate law, and real estate finance.  

While that may sometime be true, full disclosure to all parties should eliminate any ethical or moral concerns (imo).  

I don’t know what license you hold, but if I make a claim like that in a public forum against other lawyers, at minimum I am facing an ethics complaint.

What is required to obtain real estate investing independence is the following1 - TRUE education in real estate (1) principles, (2) law, (3) finance.

You missed an important item: Depending on how a person does #1 or #2, it could get them: A fast-pass to the "Principles Office" for "bullying" and now there sitting in "detention".... 

Let's say at 6% over 30Yrs will be about $960 per month(Principle/Interest) with the remaining  interest only portion $40K costing roughly $200 per month. $1500- $960 + $200 IS $340Cash in your pocket after everything roughly $1500-$1160-$340 which is not bad for a 100% financed deal(INFINITE RETURNS)Now, If you ran this analysis on a 1% deal as @Nicholas L. mentioned you will undoubtably end up in the red each month.All the best!!!

It is required by the law and the Code of Ethics.2) There is no such thing as not going through your brokerage when you have a license.