It's a fact that some of the markets that got hit fairly hard also have local banks least willing to lend, because many are over-weighted in 1-4's, whether they're performing, non-performing, or REO.

Originally posted by Jon Holdman:Yes, you have your Roth get a non-recourse loan for the difference.A non-recourse loan will run you 40-50% down payment and 6.5-7% interest.I'm not saying it's a bad idea, but you may want to see what the tax hit is for liquidating the IRA and compare it to what you could get with a normal loan.

Google "why hire a property manager" and you'll fail to see anywhere among the top 4 hits (I stopped there) do any of them provide "increased liability protection" as a reason for hiring them.

Once in a while, you may hit one out of the park because you were able to negotiate a very good price.

I put a $300 per unit buffer in cash, and a large expense buffer that is currently invested with life insurance that i can borrow against if anything ever hits the fan.

Make sure you're not hitting utility lines underground...get a few quotes from framers...

You took such a big hit in that deal.

If we decide to sell it at some point, I know that if we lived in it 2 of the last 5 years we don't get hit with capital gains.

Just hit some bumps in the road, and curious what your day is like, what do I have to look forward to, what can take from what you all share and apply to my own daily planner...

The worker was oblivious of his looming problem until his back hit the wall 30 seconds later.