,Point taken.The nay-sayers, however, are the ones who, even after reading both your evidence, Eric's and mine will still insist that mortgage acceleration doesn't work.Myth: Mortgage Acceleration doesn't work.Myth - BUSTED

But given the state the areas are in its increasingly difficult so I'm biding my time.In the mean time I wanted to start STR arbritage, at the same time I will still be trying to own a property, but I want to be proactive rather than wait for the bidding wars to calm down or find a gold egg in a ..haystack?

Mine says "100% disposition.

BP posts are a huge data mine.  

I also use business lines of credit from banks, but for this banks definitely want to see revenue (usually 5-10x the amount of a mine they will give you).It is important to remember though that just because these lines and CCs are not immediately reported on your personal credit report, if you miss payments or default you are personally liable and the debtors will add it to your personal credit report.

You could easily buy a turnkey home through a company like mine, Real Wealth Network, and its the same thing minus the 15% fee.

TBH these circles do speaking engagements as promotional opportunities, it’s a hand shake and “I’ll speak at yours if you speak at mine”.

A buddy of mine talked to his tax guy who told him these “Distributions” aren’t currently taxable right now and simply adjust the basis downwards (almost like a return of principal), but when the principal actually DOES get returned (generally about 5 years out in this case), that the difference between the amount returned and this downward adjusted basis is taxable at capital gains rates - if held longer than 1 year, generally 15% tax.  

Quote from @Elizabeth Rose: @Josh Bowser this tip of doing a quick search on county GIS or software to see if homes in a neighborhood are owned in personal names or LLCs is gold, thank you!

A two-bedroom condo for house-hacking could be a golden opprotunity to kickstart your portfolio.I’ll share a quick story about a client of mine, Tony.