There are so many idiots that aren't smart enough to realize after fees, they are losing money on every item they sell on eBay which makes it tough to make money there.

So far i'm looking at austin, tx as a long-term investment but i'm open to investing in other areas.at 21 (dec '04) i bought a house in socal with 100% financing that should have never been approved. i was struggling financially so i decided to rent my townhouse to a stripper after only 4 months. i realized the local market (riverside county) needed a major correction so i sold the house after one year (dec '05) for a healthy 20% profit. today, the house is worth the same as when i sold it and i think it's on it's way down.anyway, i am making twice as much money today as i was then, i've learned a lot about real estate investing from books and personal experience over the years, and i think i'm ready to start my career in real estate investing!

But just realize that there's a fast track and a slow track.

Everytime I think of it, I realize more possibilities....There are a few things here that need done, so I'll start a list (on paper)today.

With all due respect, if you have been financing for 14 years you would realize that you have just advised someone to commit FRAUD.The silent second needs to be subordinated and transparent to the 1st lien holder or it's FRAUD.

I realize now, that I can still list and sell houses and do my mortgage work along with my new JOB and still have time for my family.

I didn't realize I could post a potential deal to let all of the great members of BiggerPockets tear it apart!

And realize that 1 house flip will not do a DAMN THING FOR YOU!!!

I would slowly realize how much money I wasted on stupid sh!

I realize it is difficult to do detailed analysis without a ton of relevant facts, but people leave the thread thinking that the magic 50% number is right.