I plan to fix and flip some and hold some installing tenants for long term gain/cash flow.

That is why I was asking what the bank in first position had to gain by discounting since they are still in the drivers seat.

I just want to gain a ton of experience in what I hope will be my eventual career, while building up a solid pipeline of deals and cashflow.

Now, I have a relative who is gainfully employed and has around $70K cash liquid.

Where under the proper supervisoin we each should be getting a check every quarter on those gains where we could choose to reinvest or buy that new ipod.I do not condone some sort of violent revolution.

Improvements increase your basis, which will reduce your gain when you sell.

I don't think they'll wait till January.Think about it this way, if other real estate investors slow down on marketing during holidays, it's your chance to gain some market advantage.

Just like Monopoly, buy as many properties as you can safely handle and then watch the wealth snowball gain size as it goes along.

70K could in fact buy 3 properties free and clear that could produce 450-500/month each, (in my area at least) And with those purchases, hes gaining 30-35K in equity, each.

The finance rate will be between 1and 2% of what you are gaining from the CD.