Bottom line these are NOT federally regulated or state regulated loans.. they who have the gold make the rules.

I think one of the biggest risks you face with Cash Out is interest rate risk.It's really difficult to predict where interest rates will be in a 2-5 year time period, so it can also be challenging to model out future mortgage rates.

But young, broke, and hungry lots of times has the future in their eyes, their motivated and determined.   

They argue that the first few years maintenance would be insignificant since the properties are renovated, and so you're essentially stashing that money away for the future maintenance needs. 

I do not believe converting to condos would decontrol the building.I own a 4-unit multifamily in Union City and am considering condo converting it at some point in the future, though I do not think rent decontrol would be among the potential benefits of the conversion.

At present, I do not have full access to MLS data, though I do intend to obtain my real estate license in the near future.

I love real estate and the Richmond, VA area, which is why I wish to pursue a career that can educate me on how I can invest in real estate in the future in Richmond.

You’ll make more money today and in the future. 

The future is not known, and yes, it very well could end badly, it's a real potential. 

Should that property be sold again in the future, the property owner would convey all rights to the buyer EXCEPT the oil rights that were no longer the landowner's to sell.