But if I find a deal without their help they expect me to split it with them no matter if I am in their program or not .

Because my income starting out is expected to be around 200 K, I believe that I can rely exclusively upon conventional financing to begin with, until I exhaust the total of 10 mortgages for which I am eligible, and proceed to snowball all profits into paying off each consecutive property -- each time I pay one off, I will be eligible for another (10th) conventional loan, as well as a home equity loan secured by the recently paid off property, which I can use to buy 1-2 more properties.

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

Let me first provide you with an accurate and honest one-liner to summarize what to expect if you decide to work with WealthAbility followed by a detailed account of my own personal experience with the company.

Liability insurance for future injuries on the dock?

(To give you some numbers we are all in at 2.1 million and it appraised just shy of $3.2 Million)This was a seller-financed transaction, the terms allowed us to use the ground as collateral and I brought partners in after I got all of the city approvals, and they took over the future expenses for the seller financing note and the other costs like engineering. 

Make a mistake with a flip or out of state investment, and you can easily go bankrupt (especially when you’re first starting).Plus, if you decide to do one of the other strategies in the future (such as BRRR'ing or out-of-state investing, etc.), you'll be much more prepared to do it if you have a few HH's under your belt--a ton of the lessons you'll learn from a HH can be used to succeed in other areas of real estate ...in fact, I'd say that a HH should be a necessary prerequisite to the more advanced strategies (like out of state investing, BRRRR’ing, flipping, etc.)!

Do you believe that having a license, even for just a few months, would be a good investment for the future, or would I be wasting my time and money?

Upswings and downswings often take years of slight changes, not one giant cliff like the news would have you believe.If history is anything, people will continue to vacation well into the future.

Dallas is as good as any place in the country I expect.