Benches ?

If you own a house, but you hardly have any equity in it, there's not much of a money pot for sue-happy people to chase after.But even knowing these things, just do things above board and legal.

If your cash out of the building is 1.3 times the mortgage payment, you should be fine (that is what they call the Cash to Debt ratio), assuming that you own this in your name or you co-sign the note with the owning LLC, your income will sweeten the pot for the bank, if you have a ratio of 1.3 or above and the bank says no to an 75% LTV ratio, go to another bank.

But our growth is built on more than just pot.

Once I bought one that broke even and went with the equity building routine and most of mine actually beat that bench mark by a nice margin.Josh C. is right, fly over country has this around nearly every corner and that's one thing about why it's so wonderful living out here!!!

Its exciting and sad at the same time, during great economic turmoil more millionaires are made but that's because the wealth flows to the top, while thats good for the top, it's not so good for everyone else, but alas that's the system we live in and we have to play by the rules unless we sit on the bench and play Monday morning QB.I say go out there and build some security for yourself and your family and friends.

Ask around your local REIA and find an attorney that has worked these titles pot-tax sale.  

NYC is tough to start out, but if you can get a up and coming area thats close to the train lines and less than 40 minutes from the city you might hit the jack pot.

I like options because I can make small bets and win big pots and most land deals I have done I used an option rather then contract to buy as my way to control the property.

Seems perfect to me for growing pot.