Examples like this of leveraging your time would really reduce the time you spent searching for deals as others are doing a lot of your dirty work for you.

(example, real estate can be leveraged more, stocks have lower transaction costs) From the biggest to the smallest differences.

He has offered it to my wife and I to leverage into a larger home (if we cover his costs).

IMO if you are educated on the basics of construction/home improvements then save the $ for real work that needs done.

Instead of giving him a Quit Claim Deed I would have signed a mortgage to him "due upon sale of premises" to minimize his potential leverage in this situation.

In there minds the home is over leveraged and 'the bank will never accept that much less'.

In the last 6 months I've spent most of my time with him educating him and talking him out of a bunch of "deals" cause they're not really deals at all.

If they are supplying leads and education, just take what you get with a smile.

With that being said, I would appreciate feedback on the process of obtaining a portfolio commercial loan so I am more educated as I approach the banks.

Only thing I am trying to get across is that it is interesting to note that all things being equal, leveraging allows a 2% annual appreciation in real estate to equal a 10% annual rate of return in the stock market.