Turo,I am biased towards apartment buildings because that's how I earned my millions.

It's worth noting that I have a stable and growing job that allows me to live comfortably off earned income, so I don't need the cash flow to live off of.

List your contingencies i.e. inspection, financing, clean title, vacancy %, etc. and present it to the seller or seller's agent along with the amount you're willing to put down as a deposit (aka earned money deposit or contract deposit).Best of luck to you moving forward!

In the last 12 months, I've earned in excess of $500/hr on BP.

It is difficult to earn money to bank some cash and very simple to lose money, even with real estate investments.

After reading and speaking with other lenders, I've found there are a couple of different ways these companies are structured:1) A close-ended fund much in the nature of a PE/private credit fund, where the operator earns an asset management fee of invested capital (2%) and a servicing fee of the loans in the portfolio that the operator is actively managing (.5-1%).

I am an American living and working abroad with nontaxable foreign earned income and a flexible job that allows me to work from the US.

It doesn't earn a return sitting idle in a bank account, so so most people want to put it to work and leverage it.  

That is the secret ingredient, that there is no secret ingredient. 

Lol.On a serious note, the scam here, like with most, is to get you to pay an up front loan origination fee (usually 1%), at which point you'll likely never hear from them again.So save you're hard-earned money and ignore any lenders who contact you out of the blue online.