Remember in order for the borrower payment to remain the same at $570, in line with the original terms of the note, the author said they increased time so they would have also had to have increased the rate on the note (that is through my extraction not the author's direct statement).

I completely agree with what @Mike Nelson said.The one thing I'll add to his good advice is that each of us finds his or her own "groove" in building rapport and closing deals where you go from following the script to having it completely internalized so it's second nature.

That may be the market for the area, but its hard to extract any profit when they're that low.

Hey BP, I must admit, I'm pretty confiden that something big is lining that could naturally affect almost 2/3rds of our living.

Financing will be much easier with end user/owners involved in the beginning, the speculative nature goes away for owner occupied with any lender.

Naturally, if I can reciprocate any knowledge, I am happy to do so!

. - Depending on your specific situation, DO NOT use a natural draft gas appliance.

Things of this nature need to be well thought out, or you will get burnt out quick.Real Estate Investing is a process when starting out.

Perhaps because the seminars are purposely designed to only deal with a certain part of the asset class and are not comprehensive in nature.

I bet you don't go to a C Corp :)Way up there, is your lender adding back the depreciation as it is not a tax expense but the nature of the tax beast.Consider too, paying down debts increases the net worth, I'd suggest you look for other lenders too, I see it may be limited where you are.You may have a job you want out of, better hold on to that Bar license!