I usually borrow $50k of my uncle when doing rehabs and pay him 12% ($6k) its a win/win

Usually in higher end neighborhoods it doesn't pay to add a second unit.

I am mainly invest in Palm Beach county , in condominiums ,looking mostly 1-2 bedrooms,usually buy bank owned or short sale  

Since Ohio Cashflow (OCF) was working in a less expensive market, I decided to do more research on them (them meaning Engelo Rumora) to see if there were any negative reviews / comments.Now Engelo REALLY puts himself out there and is all over the internet; I figured if there were ANY negatives somebody would have said something.

They will post just a few, usually blurry and bad angle, photos of each home.

A commercial mortgage would be easier but they can be several thousand in closing costs while HELOCs usually cost next to nothing to close.

My usual recommendation for people who are just starting out is to pick a strategy (which you've done) and then learn what's needed for the first step and then do it.

In terms of finding properties, it has its positives (most widely-used site) and negatives (harder to find "deals" here because the site is over searched with a lot of traffic).

If you experienced monthly losses, (about $1k), and live in it for 1 year to qualify the property as my primary residence, is it worth it? Granted, after the first year I plan on purchasing 2 properties, one to live i...

You can usually find meetings in your area by going to meetup and using Google.