Hello everyone,I'm a new old member. I

*None of the above information is intended to be professional advice to be relied upon by the reader. 

Hoping to add a second unit in the next 12-18 months, so this could possibly be re-used for the third or fourth property. 

I researched listened to the stories of people doing it, and all the while I heard how they started.. always with some form of money either in equity (I had very little, I bought my home in 2014), Or through a loan from a family member (I figured no1 was loaning me money until I had some skin in the game too), or like u said inheritance or savings.

Kudo's to you deciding to be RE Investors. 

So, clearly offering advice should depend on the degree of expertise one commands in the subject, how such advice is reasonably expected to be relied upon and how it is valued by others.

This practice inflates net worth based on an opinion of value and can not be relied upon by any PRUDENT lender or investor.

No, but I know that Matt Rosen (BP member) is quite involved with it.

I spoke to an attorney last night NOT from the state the subject property was in who stated it had to be RE-foreclosed.The title attorney I'm working with in the state the subject property is in, is not going to be back for a week, so I think I'll have to wait.

It's simply not worth it.Sorry, this needs to be re-highlighted as maybe the most important advice ever to be passed on BP.Beyond that... working with banks is like working with the Government, do not expect it to be a logical process.