yeah filing for bankruptcy is the safest bet for him. it may sound strange, filing for bankruptcy is not so bad... but how the society takes it takes a toll on a man.if he wants to come out of it read the articlehow does bankruptcy work tell him to be strong and file for it. he can start building his lost credit after 1 year or so...Vik

And if they're coming from that perception, then I can only guess that they believe that what they do is take advantage of other people's ignorance.

My perception of it is barbaric.

You’ll build plenty of equity anyway.Reason #3: A mortgage is cheap money.There’s no way you can avoid debt in today’s society.

The suicide, murder and we as society then put the hex and those homes.

Account ClosedI like Baltimore, particularly for the type of property you have in mind. there's a term called rentership society that I am a strong believer in, and Baltimore is a perfect example of it.

So, I would say that if your friend has a VERY REALISTIC perception of how hard you need to work to generate leads, he can certainly start building his business part-time.

@Jay HinrichsYour view on Canadian society is a bit of a dated cliché.

I do believe you need to fix your perception that you have "no extra income" before you can dive in.

Interesting to see how my attitude, perception of investing, and confidence has changedalso, if anyone else happens to stumble across this post this is proof that biggerpockets works. as of today I have 8 SFR and a 24 units MF.