I am in that phase where I am reading and learning as much as I can and trying to figure out exactly how I want to "get into the game."

In any other deal a lender is going to want to see "skin in the game".

With two rentals, you're already ahead of the game and are well on your way.

And besides, I'm in this game for the upside, not the monthly rental scratch.

I have a full-time job in an unrelated industry so I pretty much stick to the MLS and it has worked out well so far.

I'm sure you know since you've been in the industry for a while that it takes a lot of hard work and good research to locate these deals.

Some will want some of your skin in the game, some would lend the $65K.

This is essentially a numbers game.

Contrary, I remember reading in an investment book that it may be better to go with a 30 year fixed which would result in a few extra dollar today for investing although I would lose nearly as much at the end of 30 years.Danny – I really liked your suggestion and I would seriously consider it if I did not make so much money in the IT industry.

Lending to a SDIRA is a different ball game as the loans have to be non-recourse, we do these loans, just at a lower LTV.