You probably had some success to accumulate those funds.

Financially, I prefer to limit the spending and continue to accumulate my positive cash flow and re-invest to compound on additional RE investment.

I started finding better info sources and largely avoid the real estate community until about 1998 when I realized that I had accumulated the body of knowledge and expertise that I once sought.

I assumed was not intended as his plan but simply a statement referring to the conditions of a FAH loan.There is no intent of fraud, the bank will make the decision based on having this information and there is no reason it can not be done.There is no legal or ethical issue.As for kicking out tenants there is no accumulated seniority with length of stay.

I plan to accumulate properties, probably single-family at first.

For me, it was very frustrating to be accumulating so much knowledge yet not be stateside to apply it since owner/occupant is contingency of VA loan approval…I've had the same idea to use my VA loan benefit to purchase a multi-family 3-4plex owner/occupant to get started investing.  

Another is they just don't want to deal with the lending process.A strategy is to accumulate enough cash to buy such deals, then turn around and refinance them shortly after the purchase.

Hey everyone, I wanted to get some feedback on a strategy to leverage a septic violation lien to acquire a property.I am currently negotiating with an Asset Manager on a REO property that has an ongoing septic violation and a $240k (estimated) lien that has been accumulating at $50/day since 2005.

There could be many different reasons for this continued success but I thought it was interesting because I always thought that incurring debt would probably be the fastest way to accumulate wealth in real estate, especially given that interest rates are at record lows.If you're in for the long haul and you have a lot of time on your hands, and most importantly, you have the means, is it a good idea to buy say a property for $150,000 cash or buy three properties with mortgages and put down $50,000 on each?

If not, worry about accumulating some substantial assets first (100K+ in equity) before concerning yourself with this aspect of investing.