Be sure to carefully read the B section exemptions in your title commitment.

It really depends on how committed the borrower is.The key is getting a large deposit upfront to protect your investment.

This could go really bad.Why not have him get a job--any job--and pursue your business with smart business decisions and be ready to just give him some money if you are committed to that?

Hi All,I've been interested in REI for years but have really committed to becoming an investor within the last few months so I'm here to absorb as much knowledge as I can before I proceed.

I already have a hard money commitment 

I also do not see where your current home value is in comparison to your mortgage will affect you negatively  because you are paying that on time and keeping your word on your commitment to pay. 

I listen to LFU frequently (I'm not a LFU member) and am very interested in MF units but I have absolutely no clue how to start this process.Any input would be appreciated.Thanks,Jason

It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.You are here at the Forum, but, should raise your mouse to the top and explore the otherheadings displayed.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums,Marketplace, Learn, Network, Analyze, Resources.Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of bookrecommendations.Also, you can review the quick links below to help solidify your grip on this site. http://www.biggerpockets.com/starthere http://www.biggerpockets.com/ubg http://www.biggerpockets.com/meet Setting up Keyword Alerts How to Use @Mentions on BiggerPockets 25 Tips for Real Estate SuccessAfter becoming more knowledgeable and confident because of my above suggestions, take action to snag your first real estate investment deal if new or add to your existing holdings if you have prior experience.Don't get caught up in analysis paralysis.You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.Take calculated risks if needed and you shall be rewarded!"

This takes a higher level of education, tax/legal support, and time commitment.  

It is possible to invest in long term Real Estate without the hassle that goes along with a buy and hold commitment.