BTW - I showed my "Lifetime License to Carry" to one of my Califoria buddies while I was out there to his total disbelief.

It was lenders that permit only so many rentals because over a certain per cent of rentals, property values go down.

Overview of FHA's Property Flipping Policy FHA requires that: a) only owners of record may sell properties that will be financed using FHA-insured mortgages; b) any resale of a property may not occur 90 or fewer days from the last sale to be eligible for FHA financing; and c) that for resales that occur between 91 and 180 days where the new sales price exceeds the previous sales price by 100 percent or more, FHA will require additional documentation validating the property's value.

* To purchase at least seven rental properties that meet the fifty percent rule.

I have $89.000 15 year mortgage (5 percent interest rate monthly payment including insurance is $1300) for that second mortgage $24000 10 year 5.75 percent interest rate with monthly payment $364 );I want to purchase a house for myself to live.

Cash & Due from Banks 29,028.00 <--- cash on hand and at Fed Total Deposits 774,185.00 3.7 percent coverage, meaning in a bank run, above 3.8 percent is out of money Does the fed and the FDIC have $745.157 Billion Dollars to pump into CITI?

We need to get these securitys balanced in todays world to function again http://www.federalreserve.gov/releases/z1/current/accessible/l126.htm These number are not perfect, there are probably about 2 trillion (low) outside of the reported numbers 10,541,700,000,000Total Mortgages Per Fed Reserve 0.10 10 percent default rate 1,054,170,000,000Amount of Defaulted Mortagges 0.7070% loss per market 737,919,000,000Amount to be charged off I think we spent this much already?

It has been my experience that Real Estate brokers are not too motivated to sell a house that will generate three to six percent of $25K.

Increasing your rental income per month by 5 percent could result in hundreds of dollars of cash flow per year -- year after year.

While I continue to invest in real estate (I doubt if I will ever see a better time to buy in my lifetime), I am constantly meeting people who say they want to invest in real estate, but they are not sure if the time is right.