I have done developing in my area and investing all over.

Now developing increased financial responsibility with what they currently have and with what they will have, will insure that this increased income will not leave just as quickly as it came, but I am just not sure that topping out a 401K or paying off all your debts is the most efficient and effective way for everyone to get ahead.

Getting preapproved or developing hard money relationships is always a good thing to do before you're in a time crunch.Wholesaling is what you described, and when you do get a property under contract, your asking price will determine how long it will take to sell.

My initial goals centered around developing my passive income to a point that I could live comfortably ($4,000 per month) without having to work much (less than 40 hours a week) and without having to work for someone else.

I have been working with some partners recently developing a new program similar to Lonnie's to teach this and we have done some research in a few states and found many deals available at very low prices.

Any builders looking to develop in Jamiaca Plain borfer with Roxbury?

With a large amount of capital, one could invest in commercial and/or apartments, hard money lending, development deals, or large rehab projects.

I saw some raw land that I thought would be a goldmine for a residential developer who was interested in building in Columbus.

Finding good referral sources is probably the best way to go but takes time to develop.

He is already approved for a $3.1M loan, which is the purchase price, for a piece of land that he will be developing.