I am also very handy (like I said, an electrician) so your business model sounds very appealing to me, Rumen.

Best way to proceed is to check MLS daily, have your financial analysis/model ironed out and ready to plug in numbers once you see an actual property so you can make a quick decision, have a great realtor (like Mya Neubauer - you can find her through BP) ready to take you through available properties ASAP/preferably the day they're listed, have your financing lined up, and be ready to make an offer same day when you see a good one.Good luck!

I've basically followed the same model.  

Due to the business model, we do not disclose exact property address to potential investors until the transaction is completed.

I will start off by saying some of the answers to the questions you've posed have to do with an individual investors model and their own risk tolerance.

It's more a case of bigger volume buyers getting them as part of pools and then trying to unload them.I actually think it would be a great business model, same as credit card debt etc.

Lynn,This post was aspiring.

My name is Emily and I am an aspiring real estate investor, currently in the 'learning season'.

In other words, the amounts are too small to start with.Furthermore, you risk losing your money, because of the fact that there is only a promissory note and no collateral at stake for these funds that you would be providing.Sorry, but in my view, this would be a recipe for disaster on your part.Initially, you mentioned peer-to-peer funding and frankly your model would do well in this arena, such as www.lendingclub.com as there would be a better chance of you recapturing your money although here again nothing is 100% guaranteed.Thanks for your thought provoking post.

Philosophy - what are the basic beliefs, values, aspirations, and ethical priorities7. self-concept - what are your major competitive advantage 8.