Traditionally, beach towns generate money and tourism due to the beach, if polution is such a large concern how would this impact IB?

My name is Thomas and I’m looking into getting my first property to start off this investing game!

@Michael Braxton Yes, we still meet up and have added a cashflow game night as well on the 2nd week of the month on Thur. at 6:30pm. 

@Jason DiClemente is a 700+ credit score required for hard money lending or just the 10% and 3-6 months “skin in the game”?

Real estate agents, property managers, attorneys, etc don't have the skin in the game like an owner does.

I am still new to the game, as you can tell, and the learning curve is steep.

@Mike Cowper I’m new to the game, but not new to building businesses from scratch!

Should I take out a traditional mortgage (conventional loan) or use the equity in my existing home (Equity Loan/Heloc) to purchase this other property?

No such thing as a “short sale lender”.....you’re getting a regular traditional mtg based solely on your credit/income and the subject property appraisal.....doesn’t matter if it is a regular, REO or short sale.

To top it off, it sounds like Google is going to get into the landlord game by building housing for employees with support from the city.