Thanks Shane Woods I guess it will heavily depend on rehab costs.

@Adam Johnsonas an investor you seem to be heavily into the portfolio lending and after jumping over that fence can you give some advise on your experience.

I used to invest heavily in real estate and now I'm a broker.

(Their material is heavily West Coast slanted, and doesn't really address differences we have in the East.

Years ago when this was all the craze as the original bill surfaced amongst the investment crowd, I was heavily involved in faxing, e-mailing, calling my reps at the time, as well as the offices of anyone who would listen, including the people behind the bill, Dutton and Lucio.

I feel that you are entering dangerous territory if you now borrow heavily on your equity to buy more assets just because you believe that they SHOULD increase in value!

I figure 5% of the house value to buy it/get it ready and 10% to sell it... those are big expenses that often don't make sense if you're holding a property for less than 5 years.On a related note, I would at least not buy in year 3.This plan is heavily reliant upon the market staying strong.  

What is leftover they move into the borrowers account as the cash flow pre-tax profit.So in non-recourse the lender makes sure they are heavily protected.

One of the first ways which is illustrated throughout this thread is the harsh contrast between the idealistic view of real estate that we imagine (and which is marketed heavily by unscrupulous gurus) and the reality of real estate.The first hurdle to get over on the path to success is to be able to push through and to oftentimes be your own (and only) cheerleader and to be okay with it.

The UK campus area is HEAVILY saturated with investors and it's very hard to find a deal there.