When they are unable to get the price they want and the holding costs are eating them alive they may find themselves in a situation where they need to get out.

This could easily eat up your entire $7,500 downpayment plus any monthly excess.

It can really eat at you, as well as get uglier than you think.

Costs that eat up some or all of the savings you might have from a commission.Why waste the time getting a license, finding a broker to work under, paying Realtor fees, putting in office time, paying the other fees required of an agent and have to face continuing education requirements for what is retail sales.

How much of my equity can I eat up to finance purchases and who would I get my money from?

We also live in a relatively steady appreciation area.The HELOC will also eat into your cashflow.

She was 14 1/2 which is pretty old for a German Shepherd.Anyway when we went to pick her up the vet said that she had been having a real difficult time since the previous day, harder than usual getting up and unable to eat.

BTW, here in Ohio (where there is still a little common sense), we know that children shouldn't eat lead paint; that every house has a little mold; that you shouldn't sniff asbestos; and that a little blood isn't reason for panic!

Maybe this area is just weird but there's no way I could make over $3,000 a month renting out a $260,000 property, so there's absolutely no way I could have a profit on a schedule E at the end of the year.

Sort of like the old joke, "How do you eat an elephant?"