", "Pigs get fat.  

Once they have the means to get something bigger, whether it is meeting a significant other or they get a fat raise, they are out of there.

** Not giving legal advice **Holding any asset and especially real estate in your personal name puts a big fat bullseye on your back.

Also many people found that they were now competing against cash buyers, so the fat deposits they were planning to use were of no use.The BA is a different beast all together so plan your strategy accordingly.

In the DMV you show up with your fat deposit and then if you are the winning bidder you have X days to close with X ranging from 15 to whenever the court ratifies the sale, depending on where the property is located.

-Any fat in the T12, like paying for a full time maintenance man, bill back H2O and the like?

Beware, however - you may be comparing your 'market' with other places that have been fixed up and are fresh on the market, so be sure you are going apples to apples.One of my vendors has a saying: "Pigs get fat, hogs get slaughtered."

I live in France, and here according to the law, if we want to flip and sell multiple houses in a year we need to pay big fat % as tax.So, I will be sticking to buying and holding.

The plan in motion now is we have trimmed all the fat in the personal finances and are now beginning to bank sufficient cash to float my family so I can then have two or three of these properties at one time to ultimately do one big cash out refi in a portfolio.

So yes, if you can afford to put down $200,000 and see NO return from it for 25 years, but THEN you get a fat check for $1,500,000 (in 2040 dollars) when you sell (it should have been for $3,000,000, except for the great crash of  2025), then yes, many people use this approach.