I like it because it is quite comprehensive and presented in a logical manner.

:lol: And he is quite humble too.

Not sure I'm convinced it will be quite this dire, but this recession turning into a depression seems possible.OTOH, inflation does seem to be kicking up.

These pictures have proved quite valuable at times.

I've had quite a few buyers do 3% down deals this year on loans under $417,000.

and then I was just reading a post that made it sound like you don't really get that much protection from the LLC if it is either single member (which we might do to avoid the partnership tax return) or if the only members are spouses.And then to really confuse me it seems like with the new guidelines that you can't quit claim the property into the LLC until you are absolutely sure you won't refinance which would seem like never to me - I guess I would always want that option.So I guess my question is for a new investor team of spouses what is the best direction:Set up an LLC?

I heard this method can be quite extensive.If I understand you correctly, once I find a good value I should reduce that number in half and then subtract repair costs.

I want to get started in REI, but now I'm not too sure where to start.I have driven around looking at properties,gone on walk-throughs and searched for prospective deals in the paper and on the internet.Im not sure if I should wholesale,or lease option properties.I really want to get started but not quite sure where to begin.Any and all help is appreciated.

There are quite a few companies out there with web-based systems that make it easy for anyone to create a site.

It is quite possible that the bank will finance the house.