This way, the investors feel like "this guy's on top of it" and you'd be surprised at the positive reactions you'll receive once you start putting it out there.Some of the bigger investors i know who invest large family funds and the like all are saying "there's a lot more money out there than there are good deals".  

What a great surprise we are both from Bensenville! 

hi david, i would take the 30 year for one reason. you can always add the difference between the two payments to the 30 year payment amount and actually reduce your loan life to less than 15 years. here is an example. 30 year loan payment $350 a month. 15 year loan payment $550. you take the 30 year plan, add the $200 each month to the payment. you are paying the same as you would on the 15 year plan, but the extra $200 goes directly to the principal, thereby reducing your overall principal each month. this would allow you to pay off that loan in 12 years or less. find an amortization chart and plug in the numbers, you will be surprised

Every purchase is going to have its surprises, so you should make sure you know as much as possible about the place before you buy your first one.  

Yes, the Entrepreneur articles are excellent and I am not surprised that you would go to the community for more info....lol.We are here to help!

Be careful about trying to absorb costs as you would be surprised how people suddenly don't "care" as much when they have no skin in the game! 

You will be pleasantly surprised by it I think.

I'm surprised it takes a month to get a notary, though. 

What that means is that some sellers will do what you want to them to do, and some will not.The law of large numbers cures all problems.What surprised me even more is that some sellers would call the office, in 3 to 6 to even 12 months later, because they appreciated my first meeting with them.Especially some sellers that were very angry with me in the beginning, called me names, said things like "you just try to rip me off!!"

You would be surprised how many deals that you can put together without having to do any additional work and also help build a tight group of followers.