I remember, however, reading a Fed study that asserts buying a home is a better investment as the implicit income, being equivalent to the rent of the same property, is tax free.

Which is the equivalent to 8% gross rents.The other is a very large property management firm who does everything from set up utilities in their name, to screening tenants to evicting tenants, to suing tenants in need be, to making repairs etc.

The only difference is that now you're actually paying/borrowing less even when making an equivalent offer.

So, that would include the secured obligation and back payments... in other words the TOTALS line on form AOC-SP-402 or its trustee equivalent.

I'm also starting to change my lifestyle to get rid of extra expenses so more can be saved for investments.My very short term goal is to purchase a multi family 4plex or equivalent and live in one unit, while renting out the others.

I'm a CPA so I place more emphasis on what is the equivalent of an Income Statement (truer picture) rather than a Statement of Cash Flows.I provided all my income and expenses related to the property above.

-every property will and should have a clear title and hazard insurance, so they are fully protected -ask them how much money would they be able to set aside for this and how quickly the money would be available (or how ''liquid'' they are) when I have a deal -as backup I should line up some good hard money sources and private lenders -always borrow more money than actually need. so I can pay the monthly interest payments by increasing construction/repair costs the equivalent of two to three month of interest payments.

I tell people who know fixed income securities that tax liens are the equivalent of a "fixed rate, variable maturity, zero coupon instrument".

A 10+ cap rate with a price tag under $500K and minimal rehab is the multifamily equivalent of a unicorn in today's market.

Hello All,It seems like evaluating action properties may be the equivalent of two FT jobs.