Unless you day trade stocks or flip homes for a living then don't worry about it.

In other words, you must trade equal or up in value based on your net sales price.

It seemed like real life Monopoly where people had properties for sale or trade etc.

Would you be interested in trading properties with another investor?

RICH is a non-profit real estate investors trade association.

I'm looking to network with people from NY, NJ, PA, maybe meet once a month, and learn this business, trade ideas, and whatever else can help us get further in this business.

There are 10 Hotspots...http://www.inman.com/reports/global-buyers There is an association you need to check out for resources...Asian Real Estate Association of AmericaFounded in 2003, the Asian Real Estate Association of America (AREAA) is a nonprofit professional trade organization dedicated to promoting sustainable homeownership ...areaa.orgWhile here check out 3 different local REI club meetings, connect in advance with the President and vendors listed to get going.Go to a couple of landlord association meetings, look for distressed owners.Remember you are here to build your team, realtors, attorney, inspector, property manager, bird dogs.Follow below to get a better head start on the REIA meetings.Paul

As long as the seller realizes his continuing liability on the loans, and that the buyer has the ability to walk away with no personal liability, this can be a great "insurance policy" against inflationary erosion of the dollar.Essentially trading equity for leverage, much depends on your projected holding period, debt coverage ratios, projected growth (positive or negative) for the particular area, etc.

Wanna trade???

This is the same reason people trade their cars in to an auto dealer instead of selling them on their own using say, Craigslist.