Side note: 6% interest only means my payment is $500 for every $100k…and I MUST set money aside for property taxes. 

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsBest of luck investing!

This development is a critical wake-up call for investors, property owners, and market analysts alike, signaling a need for strategic adjustment and vigilant market watch.The Catalysts Behind the SurgeSeveral key factors have contributed to this surge in foreclosures.

No one is perfect, so another set of eyes is always good:)What should you track?

Hi All, We started working with a real estate attorney in Houston, TX to set up an LLC for our out of state multifamily property (we are located in Massachusetts and the property is in Houston).

Keep in mind HELOCs are interest only payments, adjustable rates, and will eventually turn into a fully amortized loan (usually after 3-10 years).Cash Out Refinances are great when you need the cash for long term needs or consolidating debt.

That said I'm not sure the TCO will help here because it is a meter set with PGE, not something that is a City permit issue...maybe they can allow it with a temp pole/meter but I wouldn't count on it. 

As a fellow wholesaler, I can share that it's a rewarding path with its unique set of challenges and opportunities.

HELOC is an interest only payment, an adjustable rate, and you can draw funds up and down from $0 to your total line amount.

Setting up a quality MTR takes investment money.8) By far, the most important first step we took during the BP Rookie Bootcamp was to find a BP investor-friendly investor who clearly understood house-hacking and MTR together for our strategy.