There are also lawyers involved who are very familiar with the act, and know what's required.Jon

Or if you plan on holding/renting it and what it would rent for.....basically what your plan is for the property and what other numbers are involved besides just offering $100k below asking price because of the amount of repairs you "guess" it needs.

I would like to get more involved in Hard/Pvt money lending, with the ultimate goal of building a business of HM lending by pooling funds with other like minded retirees/investors.

Is there just one loan involved or are there several?

I originally became involved in REI through my step-father who is a pretty successful rental property investor.

I hate to see the government get involved as they are.

NO I am not involved with scrap metal or jet fuel...................

Now's a good time to get involved in real estate.

By the way, they do have a mentorship program.

If someone asked how much the house was and they answered everone involved on the sale side could be fined.