I have friends that went to private universities and paid 2-3 times more than your standard state university and come to find out it was a waste of money.

Are you able to do this i.e. 50% and have a other job to cover your private expenses Until the business catch up?

Also how would I go about finding private investors to table fund my 24 hour flip?

@James Ng - in my state, CA, there is a class of licensed private professional fiduciaries.

I think there were two situations where it made sense to sell privately.

As a new investor I could use a little background as to the process of, when a private money lender has been found and agrees to invest, let's say $100,000.00 towards real estate, what is the process of accepting those funds and putting into my LLC towards real estate investing?

- @Joe Gore : All offers are submitted with either a letter from my HML or Private Money, or a Bank Statement showing available funds.

From what I understood, it has something to do with the involvement of the government in the way Fannie Mae and Freddie Mac operate (the Federal Takeover of 2008) As I was explained, the new DTI requirement will apply to private portfolio loans, but not to loans that will be sold to Fannie Mae and Freddie Mac (Conventional loans).

Send me a private message if you're interested in chatting.Mike

I like MLOs...1. lease and option for low NOI.2. get private money for repairs with no interest for a while (moratorium)3. fully rent at higher rents (higher NOI), wait 12 months4. either buy LO and resell or- assign the deal for a fee.