Thanks Rick, it dumbfounded me how a closing attorney/title agent would insure a title gained by AP without investigating it.

While I don't know the company or the owner but I do know my opinion, I think this company and it's plan to purchase discounted jumbo loans with equity to turn them into bridge loans and force a borrower to refinance in the short term is a horrible operational idea as it is almost impossible to gain any economy of scale.

Hope everyone is doing well, stumbled across this site and hoping I can get some valuable input.I'm 26 y/o went to school for finance and insurance at Northeastern in Boston.

I want to Thank everyone who has taken the time to contribute valuable information, so that people like my wife and I feel confident about our future in REI!

The couple sells the property at the end of year 6, netting a total gain of $800,000.

Go small, gain experience, and grow capital smart which limits risk.I know some about hotels but not an expert.

Learn from them, gain their trust, and get some connections, ideas, advice, etc.BP lists two groups in Chicago.

The other option is selling it now and making just 10k after paying realtors and closing costs for buyer etc..If I sell in three years to avoid paying capital gains, I am calculating the mortgage principal will go down $2500 per year and the property values will go up by at least $5k.

Single families are much more valuable in this market.

I know I will have appreciation and the tenant will paydown the note, just seems like a long time before I will realize any gains from the high-end house deal.