The pooled income would more than cover the cost of the mortgage or loan, while netting me a decent monthly income.The drawbacks: Im assuming since the loan would be secured by the deeds for ALL the properties, which would be a pain if someone wanted to buy.any thoughts or advice?

I bought this 3 family house back in June knowing this was a huge draw back, but the seller worked with me on the cost of removing the asbestos.

I apologize for having too many questions - I do have a tendency to talk/type as I think, like a stream of consciousness, and sometimes thinkin out loud has its drawbacks lol.

The drawback of course, is that you might have to put up more cash.

Investing out of state may not be a bad call, but there are definitely draw backs (you can read about the pros and cons in other forum posts).3.

We love living here in the UK, but there are drawbacks to investing here, to include the currency differences.

The draw back is most appraisers don't want to fly remotely to do an appraisal or are not familiar with remote sight building appraisals.

If I flip it without BK paying a penalty, I'd just break even and that's whats making my draw back a bit.

Yes, I know taking on a partner has it drawbacks however I was thinking there may be a way to only be in a partnership for only particular properties.

The only drawback I see is that if this form is not filled out I can not appeal the assessment of my property.