We've got a bunch of them at our main meetings, this month 7/16.

It was mainly for newcomers in investing.

Your intention of making a contribution/difference in peoples' lives is a great thing.

Focus the brochure mainly on other potential deals in the area or say that you are looking for buyers for properties at 50-70%FMV.8.

Your partner deferring payment until the prop sells is perfectly fine and makes sense to mitigate the risk of running out of money (which would necessitate borrowing from a party that is not disqualified, or selling project "as is", likely at a loss).If you had personal cash, you could also partner with your IRA on the front end of the deal (take title in both names), at a predefined % split.Be aware that flipping profits in IRA accounts are potentially subject to the stiff UBIT tax, based on "intent" to flip, which would be determined by the facts of a given case, as well as pattern of activity.

Right now my intentions would be to eventually be making 10k a month passive cashflow.

Usually, the liability coverage for all the properties you have comes from your main homeowner insurance.

But one of my main focus' on becoming part of this community is to actually grow in my real estate knowledge and take action so it may bring wealth to me and my wife n family.

How long before I can assume the offer wasn't taking seriously, and that they have no intention of responding?

I've decided that we should focus on Austin, TX as our main starting point as it is one of the top cities in the country for population growth, employment, and low unemployment numbers.My wife and I have decided to take nearly a month off of work and fly our family (Me, my wife Victoria, 14mo old baby Jude, and mother-in-law) from Seoul to Austin so I can learn the market and try my best to find some deals within that short time period.