Property probably couldn't even pass an inspection yet it is livable and would be a cheap roof over my best friend and I's head when moving back to Texas.

I cannot get  this video out of my head.

I'm actually heading to a private sale at our county courthouse tomorrow.  

I am still new to this and just trying to wrap my head around it all.  

Later on in my business I will head towards me financing it but right now I'd like to use other people's money because I don't have enough to cover a full flip.

Most top producers are the head of a team or have their own company. 

Borrower gets in over their head, rips apart too much of the property and can't get it put back together.  

Thus the deal's ultimate sponsor has the Sword of Damocles hanging over their head.  

So, you are saying that a website that sells houses had an article continuing to sell you the story that buying homes in rapidly appreciating markets is a good idea...That's like trusting McDonald's to give you reliable data about how good for you a big mac is for you or that kids should eat a Filet O Fish to off set the risk of eating too many vegetables presents?

The properties I have are in Cedar Rapids to be specific.Love to hear everyone's story on this topic.