I don't think the idea is to throw out embarrassing offers every time either.

IF I GET IT that is.I want to get a property but I need to do it smart and not just throw money at these properties

Environment, upbringing, assets, socioeconomic status, having stake on the line (career, assets, security deposit, something) affect these things.

Duncan thanks for throwing the idea out there for us to chew on.

This approach isn't making me rich each month, but in 20 years, if I decide to keep, it'll be paid off and throwing off whatever the rents may be at that time.Sure, making 100k in a flip is great (and looking forward to that deal) but a few more like these and life becomes easy.I saw the benefit of having 50% ownership with finding the deal and dealing with the rehab and the partner made their 50% by letting me use their money for a year.

Hi Everybody,I've looked into this online, and found a wide range of opinion, so I thought I would throw this out to the community...When taking over an existing mortgage, can you deduct the mortgage interest on your taxes?

I am looking into becoming a private money lender for a real estate investment company who secures their loans by placing the lender as the 1st lean position and uses a "Reverse Quit Claim Deed" to avoid the necessity of foreclosure proceedings.

Then there is the Financial Bridge Investment group (FBI) the Note Securities Academy (NSA) the Home Loan Servicers association, or the (HLS) then there is Dividends on Debt Managed Instruments (DoD MI).Anyway, let me know when these wealth operators get out of school.Sounds like you're starting off, read the forums, begin in RE with the basics, not guru stuff, try a real school and stay away from boot camps, IMO Good luck :)

also, once i secure funding can I stick this on the MLS to find buyer?

Has this landlord given half off or waiver of security deposit or first months rent??