I'll just add that those that do this would typically set aside some of the amount borrowed to make the minuimum payments on the CC's (in response to someone previously).Also, if you can demonstrate that the CC debt was used to acquire the property, the interest should be tax deductible (Dave T can comment on this, I've never heard him say anything incorrect about taxes).Obviously, it's a 180 degree different financial world than 4 years, ago, exponentially more difficult to get financing, particularly NOO HELOC's.If you can hold for 6 mths to one year, however, you might well be able to use a new appraisal, picking up the appreciation you forced into the deal, in your refinancing and do this with little or no net funds invested when the dust settles.So if the stars all align... jackpot.

Yep, it's close but in my calculations I'm very liberal with estimates on rehab/holding/selling costs.I'd rather sail along "under the radar" and consistantly make my $10-12k house after house rather than fight for the houses with larger profit margins.

Liberal states tend to be ultra tenant friendly almost to the point of socialism. 

Jackpot and well said. 

I don't dislike her because she is a Liberal Dem ...

I'm not saying this to kiss liberal a--, I'm saying it because it's the truth.

Hank is a good representation of modern day liberals.

Regarding the questions in order1) A blog from a woman in rural Maine made me consider migrating to the state years before I even started actively looking in to REI, though I never learnt her county; A moment during a walk outside of Augusta in 2018 confirmed the desire to move; surrogacy laws are more liberal compared to Australia; I think it's beautiful; the people are the most lovely I've yet met (but they can't understand my accent!)

The falling housing prices are an effect of the changes in the credit market, just like the dramatic and unprecedented runup in prices what a direct consequence of an extremely liberal lending environment.

Anyway, when I lived in California, it was one of the more liberal states to obtain education.