@Neil Anthony, if you want to learn the MF space, I think investing as an LP in 2-3 syndication deals is an excellent start, especially if you are investing out of state and, assuming you have a full-time job.That is how I started.You can learn how sponsors evaluate and offer deals, listen to other investors ask questions of the sponsors, and, IMO, you can attend in-person events where you can meet other investors and sponsors and ask all the questions you want as well as hear investment stories of all kinds.Once you get through some time immersing yourself in the MF investment world, you will have a better idea of whether you want to be an active or passive investor.  

However, I know someone personally who had his loan called due so it's a gamble you have to be comfortable with. 

Starting with hard money on your first deal can be a gamble/a big bite in my opinion...

There are programs that will lend around 70-75% of the purchase price + any documented repairs but it can be a bit of a gamble if the purchase price + documented repairs will come back at the ARV. 

And after we sold, it's still climbing.its a testament that those who dont believe in appreciation or think its gambling are missing the boat.. great wealth is generated through appreciation  

It is like gambling.

It's all a gamble but I like my odds in real-estate and not with the casino. 

It seems Australian property market like a gambling.

Even then, it's somewhat of a gamble on the future.

Apparently, he does this thing where he rents a property just south of Huntridge Park to gamblers who arrive in Vegas with the sole purpose of gambling.