Assuming my friends would want to rent a house which I find, the payments would be the same, but then at the end of the option, if the value of the house were more, I'd "we'd" have an opportunity to buy and resell for a profit.

I am one example - We give the bank document, that shows our firm have 35 000 euro profit for the last year and this was not enough We mortgage one of our flats and after all this 1 month and a half procedure we get 8.5 % rate for year.

The experience that you gain from your own transactions will allow you to profit by helping others.

definitely finish college, as RE investors we are all about making wise and profitable investments.. a college degree is one of the best investments you'll ever make.

Work out a partnership, split all profits 50/50 on all deals you close together.

note: this is the paragraph I read in wikipedia in their article about double closing: "To simplify the transaction, the middleman may make one settlement statement directly between the purchaser and seller and take his profit as a line item on the settlement statement.

I would like to develop and hold some of the properties (mostly mix use and condominiums) but most of the properties I would like to sell for profit.

If you can't get to a property on the other side of the country on a regular basis to ensure that your manager is doing his job, then you shouldn't be investing there.BTW - Your travel to visit those properties and check up is going to also eat into your profits.

The honest and industrious are wiped out while the gangsters, profiteers and speculators amass millions.

in other words, does the trustee just try to get the unpaid loan amount for the property or try to profit?