Bail Out Explained>> Young Chuck in Montana bought a horse from a farmer for $100.

I found this passage particularly interesting://Begin QuoteEventually though, investors will run out of cash, and the bank recovery will stall.

Without it I'm stalled out in my acquisitions.I really focus on Buy & hold.

. :) it was a great property, 3.9 acres close to the lake, I wakeboard so it would have been fun, and I would love to have the exta land for my horses but needed A LOT of work and there was septic issues, so I was in over my head.

I thought it was time that I rearranged the cart and horse, given that I jumped into the forums without properly introducing myself!

I hate to kick a dead horse, but as a newbie...

I currently own a 3 bedroom, 2 bath, 3 stall garage condo in Anaheim.Here's my plan to get started:As stated above, I am currently living in my 3 bed, 2 bath condo and I plan to convert it into my first rental.

It sounds like you already have the property under contract so I wouldn't be stalling right now.

With the oil soaked Loonie reaching a 9-year low against the USD and other marker currencies this month, the Canadian economy is stalled and may even be heading for a bit of a recession.  

I gave them a processing fee which was under $500 at the time, they kept stalling saying they will be able to do the current deal I was working on, after several calls to them I finally gave up and had to scrape up a lot of cash to purchase property was very stressful.