My OOS clients absolutely love it here because they can still find 1% rule and cash flowing deals at a cheap price - $120k-$180k.

@Jorge Farinas Yes you absolutely could add an additional piece of collateral for more security and peace of mind.

James Harper,You absolutely CANNOT do as was mentioned with the credit card as your name is on the card so you are the guarantor on a line a of credit which is prohibited.You should not be doing much more work than fixing a light switch or changing a filter.

You are absolutely right!

I'm reaching out to my real estate agent right now to see if she knows anything about it and if she doesn't I'll definitely reach out to you because you are 100% right, I know absolutely nothing about short sales or how any of that works.  

My market is South Jersey and it’s absolutely on fire still.

A quit claim deed just means you are transferring ownership but making ABSOLUTELY NO GUARANTEES about the title to the property.

I am interested in investing in detroit Absolutely!

Quick question--I am currently renting and absolutely love my apartment. 

And I found out some of these GCs were taking 15k+ for doing absolutely nothing and being bad at it.In my Greater Philly network I have @Jeff Henderson who is not only a GC that does the above, but he actually gets in the trenches and works next to his guys which allows for the control over the time and quality that is essential.Don't get caught up on lending terms, I guess is my cautionary tale.