I am learning how to navigate the site, and there truly is a lot of beneficial tools and information here!

I did join a Rhode Island investor group last month and It has already been very beneficial.

Very common method with personal houses, single family, duplexes, multi units, etc and can remove a huge "Potential" tax burden.I m sure some the BP members have a generic Contract you can Customize for this deal, eliminating a lawyer fee.

This is extremely beneficial if you are a new investor.

This became a huge issue in the housing crisis between 2007 and 2010, when millions of homes went into default.  

If the project has a significant value add play or is spec development, you're risking a huge loss or extension of your repayment if a recession hits.  

That, guys, makes a huge difference indeed!

This is a huge success for us being our first time now all we have to do is refinance and do it again! 

The greatest advice I  ever received was Run your personal life like a business.If you don't have a personal balance sheet and income statement DONE AT LEAST quarterly you are doing yourself a huge injustice.

I'm free for the summer (May through August), so hopefully I'll have the opportunity to shadow at least one investor (first-timer or expert).Also, I have included the option of hiring me as an assistant, if needed, so it can be a mutually beneficial relationship.