Especially don't assume because a family member was handled well by your buddy on a new construction residential loan that the next person will get the same experience.

It comes from a reply I wrote to a new member.

Will the mortgage companies look at the property as commercial if it is held by a single member LLC?

Please feel free to explore and learn as much as you can and if you have any questions just ask any member or create a post!

Maybe not pure-pure profit as you still have all the other possible costs of buying and selling or wholesaling.The issue is the up front costs and are you really going to get deals worth your time.Like any marketing you really can not tell what will happen until you have run the system for a while (6 months or more).You should try to contact existing members who are paying the fee and see what their results look like.Most successfully RE investors know that different forms of marketing work at some level so it is a cost vs. reward question plus the upfront costs vs. the back end profits (cash flow management).Everyone can find ways to do things on the cheap or cheaper.

Please feel free to ask anyone of our members anything that you need to know.

Even if it is a little late this is your new member thread so enjoy it!!

Hey there Kabong,No problem, we are all glad that you just dropped in and became one of our new members.

Now the thing is this is our new member introduction forum meaning you get to introduce youself and tell us a little bit about yourself.

You might post an introduction in the new member forum.Jon