I'd love to continue accumulating properties on a "buy/hold/cash flow from rental" strategy, but am tapped out so far as using my own funds for purchase (plus, having so many properties, cannot qualify for loans).

If you plan on holding the property for 5 years, and renting it, then yo should be fine, but it sounds like you are after a quick-flip, and that would be extremely difficult.If you buy, and then re-sell within 90 days, then almost no appraiser in CA is going to appraise the property for anything above the previous sale price, unless you can provide proof of funds that went toward repairs or improvements.

When you've been around the block several dozen times, you learn things that a simple textbook just can't teach.There's a special bond that develops between a mentor and their students.

BDG is currently exploring forming a new fund to continue compiling their own portfolio of distressed real estate assets and debt.

For instance, proof of funds may be stipulated.Since there are a lot of variables, such as, lenders, markets, staffing, personality, etc., each deal is different from the last.

Not sure this one is.Maybe a better strategy since you have some funds and can get partners is to put down 20% and have him carry the financing for a few years until you can refi to pay him off.

Hi everyone i Have a Question im just wondering is now a good time to get into the real estate market doing wholesale because im hearing since the market is bad i wont be able to make any money and im just trying to do a few wholesale deals to build my capital so that i can get into rehabbing and rentals but dont have the funds for that know so what do you think is it possible to make money now and by the way i am located in west palm beach florida thanks for answers

The pain cannot all fall to the banks.Or, we have to find anyone who sold a house at a bubble price, or a dot com stock at their bubble price and get the money back.Again, I'll say I'd rather see the feds buy equity in these companies than buy their crap bonds, CMOs, CDOs, SIVs, debt swaps, or whatever they call them.

They would help you in raising funds etc.

Maybe you should clarify this so readers know they really need to obtain funds from that friend or colleague.