While unlikely, your property could lose 30% of its value in 2-5 years.

I've heard of people transferring title by quit claim (instead of warranty deed) into an LLC and losing the protection of their title insurance.

Disbursing vital information to homeowners in jeopardy of losing their homes is a noble effort, as long as the information isn't simply a disguised solicitation for business.

The vast majority of new investors fail in a short period of time because they pay too much for their property and lose money.Having said all that, there is good money to be made in real estate.

or, we have to wait till we close it, that way, we might lose the potentialtenant. 3: is it right that we can't cash the deposit check?

You will lose money this way.

The majority of rentals are purchased at retail and lose money.

I'm sure many people have done this, but I'll bet that most of them don't fully understand why they are doing it, and many of them are losing money without realizing it.What's USUALLY in the back of their mind when they do this, but is often subconcious, is that they are COUNTING on the house to appreciate and/or rental rates to go up.

I could refi and pull 10k out and really only lose about $100 in cash flow.

drweltman- ahha sorry about the connection problem, thats never fun to write alot and then lose it im gennerally open to anyhing but for now i guess the process of rehabing seems to make the most sense to me... are there any god resources for learning how to wholesale. also does anyone have any ideas for finding an rei mentor ?