I know my Mom has a friend that just signed up for one and in 6 mo hasn't done a single deal and "analyzes" hundreds of "deals" from others in the network that are just junk(fortunately he can see that they're not very good even though he still thinks that this will make him rich someday).

@Chris Bounds hard is not hard anymore anyone who has been in the lending bizz more than a few years hard or not realizes that those with no capital are not worth wasting any time on.Suggestion need to get equity partners so you have actual capital.the no money no credit get rich on my hardmoney loan is pretty much dead and has been dead for years.

If you're a rich jerk who didn't care enough to fix the stairs on your rental, the number will be bigger than if you're a little guy doing your best with limited resources.That's why people say you should have liability coverage up to your net worth.

I applied for the tradition FNMA mortgage and was denied.I have plenty of cash, but banks don't care about that.

I'm already a pretty busy guy, although I have some free time, but I don't know if the possible results are worth the effort.I'm not looking to spend money on traditional advertising, I'd mainly look to sell my brand name through a website that I'd develop or get help developing.

:) 23 years old and I've been working as a Registered Nurse for about 2 years now.One day a co-worker recommended me to read a book called "Rich dad, Poor dad" and BOOM!

I have plans to buy my first home, but i dont want to just do it the traditional way, I would like to be able to buy something with as much discount as possible and be able to do some rehab, get immediate equity and live in it for a few years and then resell.

While you still need to have good credit to get approved, they’re not as strict as traditional checkbook credit lines.Additionally, this option doesn’t have a debt to income ratio requirement so small business owners can still qualify even if their income isn’t that high.

David Her IRA assuming it is traditional account can be rolled over.

Also, it's no easier to do an equity line than a traditional mortgage.