Quote from @John Laseter: Good morning all, Saturday afternoon a gentleman knocked on my door and produced a postcard that I had sent to his house offering to buy it.

However, rates have already fallen recently to a 15-week low.A 30-year fixed rate mortgage is sitting around 6.56% interest:All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.

While i learn from my list of investors and the way they flip or rent the properties they buy from me, I'm still looking to grow my network in the Central Florida area.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I'm looking to buy my first investment property and this sounds very appealing. 

The next person who came to look at the house to buy was a woman who was about 30 and she immediately fell in love and bought the place.

Once you “buy it” she owes all the taxes. 

If I'm understanding correctly, for a cash refinance...If you buy an investment property, fix/repair it, and get a higher appraisal, you can then take the $ difference and put a down payment on another investment, etc.If so, are there tax implications with a cash refinance?

Investment Info:Townhouse buy & hold investment.

Is there a specific area in Detroit you buy in for section 8 rental?