- owe $50KInvestment Property 3: Indiana - $47K SFH- rent $950/mth, Cash $27 (wife&I) + Personal Loan $20K (Discover Loan 6.99%) (wife)Step 1: Investment Property 1 and 2 Michigan: Cash Out:  (Huntington Bank) will do 70-75% of both properties, cover Closing Costs since they qualify for LMIT (Low-to Moderate-Income Tract).

Fixing up a tract home is not probably going to pay off but some of these houses have million dollar houses right behind them.    

It resides in the Sierra Tract not far off of the 50 hwy.

Here is an example:"TRACT 16 OF THE PROPOSED JEWLL ESTATES AND FURTHER SHOWN AS PART OF THE NORTH HALF (N 1/2) OF THE NORTHWEST QUARTER (NW 1/4) OF SECTION 11, TOWNSHIP 20 NORTH, RANGE 33 WEST, BENTON COUNTY, ARKANSAS, BEGINNING AT A POINT 717.02 FEET SOUTH 89 DEGREES 21' 44" WEST OF THE SE CORNER OF SAID N 1/2, THENCE SOUTH 89 DEGREES 21' 44" WEST 196.48 FEET; THENCE NORTH 663.32 FEET; THENCE NORTH 87 DEGREES 58'41" EAST 196.59 FEET; THENCE SOUTH 688.07 FEET TO THE POINT OF BEGINNING.

Count the number of bulldozers, clear cut tracts, new "improvements" (roads without anything else (no houses yet...) and you'll get an idea of what 2005 looked like about 5 miles north.

I found BP through a Google search and have been digesting information non-stop ever since.

My wife and I just recently were considering purchasing a 2 acre tract of land, with an old home on it.

I have alot to digest from this forum and I thank y'all for being so open and kind.

If interested in a PM, I suggest seeking them out; Haven, Bear Tracts, and Timber Tops are just 3 of the dozen or so in the area.

I decided to make a quick summary of what I’ve seen people mention repeatedly so I can digest it more easily.