Best of luck on continuing your adventure.

Deja vu from 2005-2007..........Yes, you need to leverage your equity to keep moving forward....wont argue that....but to pull out ALL your equity to go buy more properties in a very high market, sounds like a huge gamble to me..... use the leverage....hell yes.....but using ALL of your equity is a huge ALL IN bet..... you better be able to back it up if there is a big correction......Guess I'm just a wimp.....hope you are right.......

They are then faced with gambling that rates will stay low until they can refinance or sell the asset.So how do forward commitments work?

., anybody who thinks that Bitcoin is anything more than a gamble at this point is out of their mind.

If you set your foundation TO BE a website, and you are planning to use your website as the main means to be found, then sure a website is the way to go first.BUT, if you manage to get a fantastic credibility score with your facebook page, twitter page, youtube channel, where you broadcast all your purchases, have a series of house flipping adventures all recorded, and the entire state raves about your facebook page with a ton of shares comments and reviews... do you think a desperate seller is going to pass you by because "I see no cheap wix site"?

@Chris Seveney where's your sense of adventure!

Or you would be forced to sell at a greater loss than you now face.Although real estate investing at the best of times is high risk what you face with this property, in my opinion, is a 100% gamble.  

Always an adventure!

However generally speaking I believe that if you can pass a driving test you can study and pass a RE Salespersons test with the same amount of energy.Now actually selling RE/contracts/farming/networking etc are another story, but getting licensed is easy.Good Luck in your adventure!

However the market is to seasonal and it would be a gamble to see If it would work.