Re "apply for the mortgage together": as a beginner, you are confusing terminology a bit here, so let's break it down into the various parts.People apply for a "loan secured by real estate", and refer to that as "applying for a mortgage", but that is not following the strictest definitions of the terms.A "loan secured by real estate" consists of two components: a promissory note, and a security instrument that pledges the real estate as collateral to secure the loan.

Some of my hobbies include sports, traveling, music and enjoying time with family and friends. 

I stammered and said to the broker, it was a sure fire thing, mortgage backed, how could I lose money on it.I turns out the market value, not face value, of fixed rate instruments is dependent on interest rate.

I prefer Texas as I have my Audioprosthologist license (hearing instrument specialist) license there.I'm also considering multifamily options such as 2, 3, 4-plexes etc.We owned a small property in California 12 years ago with several little bungelow type dwellings on it.  

I have watched TV, movies, listened to music, books on tape and then finally found podcasts.  

Hello, fellow REI's. I'm Jake from Nashville, TN and I am in the very beginning stages of investing. I want to start off wholesaling to help build up some working capital. Ultimately I would also like to get into Fix...

I have an oppt. will not/cannot pass.Take for example a quote (by my memory) by: Robert Kyosaki:"Their are investment instruments offered to the rich which surpass and break the rules of standard mediocre investments."

The Land Trust is a terrific instrument- if only title insurers would participate.

With my current level of knowledge and comfort I'd feel better going at this with someone more experienced in the driver seat while i sat in on the deal to use it as an education instrument.

It would actually fall under the more beneficial rules of sec 121 and if you've lived in the house for 2 out of the previous 5 year period then you can sell and take the first 250K (500K if married) in profit tax free.If you are truly talking about a debt instrument on an investment property and it is attached to the property in a mortgage then when you sell the property it would be paid off as a recorded lien against the property.