Personally, I don't usually invest in hype, but might buy a little bit for the pure thrill and just to be able to say "I own Facebook!"

I love the thrill of the hunt for the next property.3.

But it is a gamble, and at the least you have something to get you around town!

It is a mathematical fact that if you are buying a rental property in any city where the monthly mortgage payment exceeds monthly rental income, or where mortgage payments along with monthly expenses exceed monthly rent, if any of those scenario applies, a down payment would be only other material method to avoid a negative cash flow situation.You let the investor worry about his gamble on the market going up.. thats not your problem.

I would have started learning about investing in RE in college rather than gambling on stocks while taking notes.If I have the knowledge and drive back then I might have skipped a party to buy a house or two. 

NOTE that you are gambling that the Interest Rate will AVERAGE 6% for the HELOC.

I've found some crew members "get it" when it comes to the daily mindset needed for rehabbing for a fix and flipper VS rehabbing for a homeowner with deep pockets that will be thrilled to hear.  

Buying for appreciation is a gamble.

I know people do it, so it can be done, but especially in a multiple replacement property situation, it's a gamble!

I'm absolutely thrilled that I have finally closed on my first fix and flip in Portsmouth,VA.