Imagine a 20million deal.

It's a super funky structure, can't imagine anyone obtaining a conventional or even portfolio mortgage on the property. 

I imagine it will be a good time, you should come as well, I'd love to meet a fellow relative newbie 

We've got 12 projects going on right now, I couldn't imagine handling 12 LLCs, 12 bank accounts, 12 credit cards, and constantly opening and closing them.

Just imagine if you wait, 2-5 years and the crash doesn't happen or it does happen, but you have the opportunity to gain invaluable experience and passive income, but didn't. 

As you can imagine, this sounds too good to be true.

If the house is truly worth 100K, I can't imagine whey you can't do a cash out refinance through a credit union or local bank at say 30 or 35% LTV on a 20 years fixed at <5%.

I'd imagine that the cost of loan and also the cost of management/vacancies are going to be higher for 5 units+.. 

I went back to his FB profile-  I cannot imagine the pictures and info to be the person I was speaking to.This seems like it could be an excellent first deal to learn from;  but the last thing I want is to bring in someone shady who could easily screw me and the seller over.ThanksJames Staples V

Imagine if you put $1200 into a deal and got $100 back every month, that would be 100% return annually.