Something being difficult doesn't mean it take a genius to make it work.

It’s because having cash available doesn’t not necessarily mean the borrower has the credit CAPACITY to obtain a loan.  

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

No offense, but telling people "that's not a good way to do it" and nothing more seems like a little league coach who tells his players "you're doing it wrong" but then doesn't give instruction of how to do it better.

A prudent investor doesn't seek quick riches through shortcuts.

It normally doesn't cost you any money to open and to be able to access that large amount of equity to buy or stabalize your current portfolio allows you so much more opportunity costs.For instance, I took a $200K LOC out on my primary residence when I first started in real estate.

It doesn't really feel like enough of a reason to expose ourselves to the risk of a costly potential litigation.

So renting by the room doesn't work as well there.

A quitclaim deed is a straightforward way to transfer ownership, but it doesn’t address tax issues.

One of them told me they only have to provide 15 days notice, which doesn’t help if I am on vacation for a few weeks or haven’t checked my PO Box in a few weeks.