I will still need to come up with a substantial amount on my own.I am going to change my game plan and try to wholesale the property i had in mind.

And, if they fail, what better way to learn that they need to dust themselves off and get back in the game (that and I already took some items and sold them at the pawn shop...made back my $250 investment)!

You'll get more out of a lender if they have more respect for you, if you know the game, you know their position and yours, show a win-win that is solid and not on speculation and positive things can happen.

You better know how to qualify them and have a game plan for them.

I have yet to experience this since I haven't been in the game long enough, but for instance one of my most profitable sites has 830,000 visitors a month.

That is a huge difference than in 2008 when most homes had loans (most interest only), and had higher rates, and were losing money every month due to the negative cash flow the properties were creating back then because everyone was playing the appreciation game. 

I mean he is out there bidding on everything good, and he's been in the game for a loooooong time.

Getting back into the REI game and I am practicing my deal analysis on some MLS properties.

The one thing i always do is question them on things ive been reading in books and online and they seem to have no idea what im taking about. but here is the kicker as much as i think i know , they do this everyday, they are making the deals they are in the game ... basically im telling myself its time to buy and stop making the excuse that i do not know enough cause apparently, no one knows enough......

To blanket each investor with the same goal of making money is a complete risk.Everyone is looking to make money at this game, or it would be an expensive hobby.Some look for cash flow and lots of it for a low investment, regardless of risk.