I'm in IT and am completely tired of the rat race, the computer, etc...I made my goal this year to aggressively get more passive income so I can be a little more free..best of luck....one investment at a time.

We just didn't have the knowledge to be confident in doing so.I have to say that BP is a great source of info and although some things are different here in Canada compared to the US market, I have already gained a lot of knowledge.

I have $20,000 to work with, and with 20% down that would be very tight/ not possible but I was planning on getting my parents to be equity partners with me for the deal so that I could afford it and still realize the CoC returns that the property could gain.

The bank will probably redeem once they are notified of a tax foreclosure.I admit that money is made where others won't do the work, but what are the possible financial gains in total even if you did foreclose and sold the parcel back to the bank or building parcel owner?

Some honest, many dishonest.But I get personally frustrated when someone feels I should just give them the knowledge I have gained through those years to them for free.

I think potential gain is huge.Has anyone locally done a master lease with option deal?

Eventually. when I have enough passive cash flow to cover all my expenses.

Any help with the below would be very much appreciated: I completed the prerequisites to be a real estate salesperson with the primary intentions of gaining MLS access (not to sell real estate).

And what I have gained from this post alone has been tremendously invaluable.

At the end of the day, my risk outweighed my potential gain.