I could avoid closing costs this way as helocs are free to open.

Jimmy,definitely, it doesn't matter if you have a property worth 230,000 and you're buying it for a dollar...well maybe not that far below market :D - but what makes a property a good prospect is if it matches your EXIT STRATEGYthis is made up of many different factors.Your exit strategy (or goal of purchase) is the most important aspect for your investment approach because it establishes your boundries and lets you know exactly where you stand and where you want to go!

ryan,what types of questions would you ask a bank to inquire about their best loan types to increase your ability to continue growing and avoiding seasoning issues which will inevitably slow down many "investors"?

I'm just finishing an Architecture program, so I really enjoy the design + build aspect of the real estate business.

Can the Mortgage Company write 2 loans for you to avoid PMI?

Learning the pitfalls that other investors have made and then avoiding them yourself can prove invaluable.

If so, how do you avoid the Due on Sale Clause?

I usually avoid things that bring that much attention.

He outlines some of the different aspects of exactly what you are facing.

We'd like to avoid climbing on the roof if possible.