I'm glad you found it to be valuable.

Matt,I agree with Ryan that starting with a smaller deal to gain experience would be a good idea.In my experience, sellers often grossly distort the truth about the NOI, so you will need to verify that.

Again, you prove to be a valuable source of input for investors here Harrison.

I'm sure you'll pick up some valuable information.

Looking to buy in a country with no stamp duty, no government tax, no Capital Gains tax, no VAT and no inheritance tax?

I plan to fix and flip some and hold some installing tenants for long term gain/cash flow.

That is why I was asking what the bank in first position had to gain by discounting since they are still in the drivers seat.

I just want to gain a ton of experience in what I hope will be my eventual career, while building up a solid pipeline of deals and cashflow.

Now, I have a relative who is gainfully employed and has around $70K cash liquid.

Where under the proper supervisoin we each should be getting a check every quarter on those gains where we could choose to reinvest or buy that new ipod.I do not condone some sort of violent revolution.