Vega Sanchez Like all things in life, having cash makes the path easier. 

I've acquired BP's Pro membership and it is life-changing. 

Performing Note - a note that has had consistent payments over the life of the loan and typically trades at 90-100 of the unpaid balanceNonperforming Note - a note that is delinquent and trades in a much wider % of UPB depending on many factors.

@Kim Phillips I'm an investor-friendly Realtor that has never owned a property in my life. 

And they will add Wire fraud, filing false documents, tax fraud (when you take the tax write offs) and impersonating an intelligent human being.

Donald Cressey is The Fraud Triangle: 1- A perceived unshareable financial need. 2- Perceived opportunity. 3- Rationalization.Financial pressures change in life, medical care for aging parents, a family member becomes ill, college costs, mid-life crisis, substance addictions and gambling, jealousy/feeling "owed" or wronged, social pressures to "get ahead"...The biggest losses are always where there are no checks & balances, no separation of duties, no policies and procedures in place. 

Learn more about our review process.Buying a home is likely the most expensive purchase you will ever make in your life.

To think that he will do the work and somehow look out for your interests and/or profitability in the project is just closing your eyes to human nature.  

There is no general rule as to how many sponsors are good and bad, mostly because investing (life in general) isn't that black and white.Just like @Aaron K. said, make sure you know what to look for and the questions to ask so you can determine if someone is the real deal or not.

I have made it a life mission to be financially free and to help others using Real Estate.