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No, arsenic.

Not sure if you're talking about those sites connecting you with "investors" for an annual or monthly fee. Regardless, I would be interested in hearing of the tactics you are speaking about.

If you're talking about private investors, it's not false at all. The scars of 2008 still run deep, and it's actually a lot harder today than let's say, 5 years ago to raise private capital. There are variations of course, but overall, it's especially tougher on new entrants, no matter how...

How is that at all relevant? It's restricted to a very small group of players.

Just gotta find that money tree, they are all over the garden. Unfortunately the gatekeeper of the garden requires that you are a Fed member bank before you get access.

So you're short?

That only works in the rural area of fantasy land. Not anywhere else. This guy is full of sh*t and just keeps piling it on. Banks that not only lend on the property but even give you the down payment. Wow it's a shocker that everyone is not rich with these types of loans.

He "bought" it for $30k. So WTF does it matter if it was appraised for $40k or $1k or $1mil? If the purchase was 75% bank financed then he goes to the bank for that amount. If he applied for $40k as a bulk construction loan rolled into mortgage, ok then, it only goes further to illustrate...

I find it very cute how you need to get into the personal insults just because I doubt your fable. You asked me a question and I answered, then you consider it bragging. Ok so then, he had $7.5k cash on top of another $6k to pay for repairs, all from a McD's assistant manager's position...

That's an amazing fable, but still does not explain how he purchased the property being an assistant manager at McD's. That's all everyone was asking you since you're so proud to bring up this infomercial like story.

Don't move there. Hawaii won't be around in the future.

A lot more than you can afford.

It would take an outlier just to buy fixer uppers and turn them around in 3 years even if you had a starting investment sum. Even in 1995. The real question is how exactly the person was able to get the funds to buy 5 fixer uppers. Seems to be the big mystery. I'm also dumbfounded how...

An extra 3-5% to the stake that I put away. An extra night of drinking or an extra dinner. Bottom line, marginal. That still does not explain the complete basic math & common sense fail in your genius idea to success of buying FIVE fixer uppers on borderline minimum wage earnings within 3...

So you gonna get an assistant manager position at McD to generate that $60k? I'm guessing it piles up quickly, two, maybe three paychecks and voila!, you gots the cash to pay for the property.

Oh ok, so he was making just above minimum wage, but still poverty wages level. Yet, miraculously, he was able to buy not one but FIVE properties right away and then start rehabbing them? Hilarious. You might need to try some of the stuff in the picture, it may bring you back down to planet...

Then exercise your vote or sell the stock.

Ok so on a minimum wage job and while taking care of his spouse, he was able to purchase FIVE properties, then pay for the materials of fixing them up, and all of this is apparently on a mostly equity basis as he was then able to leverage them 3 years later. Wow, well thank you for telling us...

You mean like capitalization? Let's cut the BS, how exactly did your "friend" finance the 8 MCDs, along with his real estate mini-empire, all while struggling to make ends meet with a minimum wage job and a sick wife (medical bills up the wazoo). I care little for the inspirational side of...

I think they let you stay till you lose about $100k. That's what I figure considering their morning trade ideas, but who really knows.