Sure glad I read the article and got the clarification, otherwise I would still be under the false assumptions that my private lenders cared what I I spend their money on.

After following and studying brian gibbons materials for while, I reached out to him for clarification about my business.

For clarification, have your rentals been vacant for over a year?

Russell-just for my clarification--you say there is a need for 2-4 unit properties--and not to focus on multi-family.

Please don't hesitate to reach out if you have any questions or clarifications.

Thanks for the clarification though that we are responsible.

There's so much information available about real estate that's attainable for FREE!!

For anybody who does not know the Oakland market, an empty building is a HUGE plus and 1% might be attainable after renovations.What is different about this purchase for me, is that I have stepped out of my comfort zone and partnered up with a fellow BP'er on this deal. 

Shane Woods, gotcha thanks for the clarification.

I'll keep that clarification of the 50% rule in mind.