What would you expect to gain by paying off someone else's property?

Trying to gain some more information in regards to capital gains...Scenario..CondoBought Condo on 8/18/2014Sold Condo on 5/4/17.

Everything you need to gain confidence, and begin taking steps towards financial freedom can be found within this site.

We're gaining momentum. 

@Jonathan Norman  I don't have a attorney recomendation but on the insurance side, force-placed insurance  may be necessary  if the asset  is valuable enough to protect while you're foreclosing.

I’d rather take my 100k and decent credit score and take the plunge then gain from experience and take a loss any day, every day!

Sitting down with a lender and gaining information will help you both and the lender can coach you.Plus if you not looking to buy until next year there maybe grants or down payment assistance programs you can get ready for so when you do buy you have them in your back pocket to assist you getting you that investment

Appreciation added another $100K in taxable gain equity. 

The only upside would be the experience gained from working as an agent prior to investing.

I’m currently trying to gather information in effort to gain my first rental property.