My only worry would be something going wrong with tenants and for some reason I dont have any and then I cant pay the bill and I go bankrupt.

Cash flow is just a way not to go bankrupt while waiting for the property to build your net worth.

EDUCATION: I'll go out on a limb and say many colleges will be bankrupt in 5 years.

Private is going to be less expensive than the bankrupt NFIP usually.

My first deal I was scared $hitle$$ that I’m going to go bankrupt lol 

I became bankrupt and had no money but I was able to rise from all that and acquired over 1,000 apartment units.

OJ Simpson actually used that, he had a 10 million dollar or so home, went bankrupt after he lost the civil case, and was able to sell the home afterwards and the money was protected.

Sounds good...in theory...In reality, the legal costs associated with suing a major corporation would likely bankrupt the plaintiffs long before ithad any major impact on the company...

The FHA announced they are deeply underwater, and may need tax payer bailout. It seems no decisions will be made until February, but I want to know how this affects all of us now? Does it change our investing strategi...

Prices in the Smokies are still pretty high but I am sure there are deals to be had.Any other creative financing would be something like hard money loan which would cost you a bundle.I don't want to advise you to try and move forward on something that in the end would bankrupt you.