The math says that there aren't that many people out there who will get rich off of real estate; many more will fund their retirements the old-fashioned way of earning wages and investing some of that money for when they quit working.

LOL Bill Gulley, I am thinking I am going to buy books and stay on here and do more homework....I am thinking I should invest your money but in my name, sounds like a good plan....Oh and I keep all the profit too LOL

I see from your profile that you are an engineer, so I know that you understand the math well enough to know that it's very possible to flip a coin on heads three or four times in a row (or more), but also, that's just luck.

Do you homework, build your team, happy networking and prosperous investing.Kudos,Mary

To be clear about the math, when you say 25%, is that 1.5% of a typical 6% commission?

They're going as high as 90%, but that's a more expensive product.The PMI issue might make a difference in your decision though, you'd have to get some quotes and do the math

Worst case (by my math) if I get the property at 105-110k, with the hard money interest rate (and using the 50% rule) the cash flow will be somewhat small until I refinance into a conventional.

also how can the LTV be 60% but then the down payment be 30%, that math doesn't add up?

I think you have to look at the math.

Without easy lender money, that game will never happen again.There's also a math problem.