Pay off the credit cards and the other loan and get a HELOC on the second.

My wife and I only had but $20,000 to our name and we contemplated pulling out the $10,000 available from the credit card to throw in ( good thing we didnt ).   

Thanks guysExample some of my expensesauto ( fees, gas, parking, repairs )Bank feesEquipment rentalInsurances ( fire, renters, other )LicensesLoan interestoffice suppliespayroll expensespostageprintingAdvertismentproperty taxesRepairs ( general, major, other, vacancy )utilities ( sewer,water, pg&e, cable, garbage, internet, cell phone, vacancy )Services ( alarm, property management )Credit card debitDepreciation %

With a low price there is more room for error but with a higher price it makes a much larger impact if numbers are not correct as the risk isn't built in.So if sellers has bad records offer a real low price and if they balk walk away and give them your card and say if things change let me know.How many units is this by the way??

Some marketing is necessary and cheap like buying business cards and attending REIA meetings.  

For those landlords looking to use credit/debit cards to accept rent payments from tenants, I thought this link would be useful, if you are thinking of passing the 3% credit card processing fee back to your tenant.

But I'm guessing its going to be way more to rent it then it would be just to buy one - even if on a credit card - and make payments.You can buy a decent fridge for $600 from sears.Or better yet, try craigslist.

Or, you could use unsecured lines of credit, home equity lines, credit cards, or get that IRA money moved over to a self-directed IRA and use that (if you can use it for your deal without it being a prohibited transaction).Once you have a proven track record, it will be easier to earn investor's trust and reduce their fear.  

Depends on the laws in your state , In Maryland , it use to be a car over 10 years old , you didnt need a title to scrap it , But when scrap was at $ 14.00 per hundred guys were stealing older cars right off the street and scraping them .

Damon wants to buy or flip a house with0 Deposit0 closing costs0 marketing dollars.If I am counting correctly I have posted 3 times and they all spell out what the 2K is for500 deposit500 closing1000 for post card marketing to find buyers and sellersplus50.00 per month for expences and access to a huge collection of toolsDamon also told me he was getting ready to buy a duplex but now wasn't available till the middle of August.