Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.

You want to get a real feel for what you're buying and who'll be working with. 

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

There are ton's of facebook groups where investors and buying and selling to one another as well.

Louis from NJ and I would like to buy a house in St.

Unless perhaps you're buying a multi-million $ unique home. 

I am concern about losing the home and not being able to pay off this loan because I cant get the information.  

They say to move out after one year, find a tenant for the unit you were in, and buy another property to rinse and repeat.

Buy a good asset with a responsible amount of leverage.

@Nathaniel Dean Morrisonthis question seems to be getting asked multiple times a day in the forums.if you're asking: should you use a HELOC to buy an investment property, because you don't have any actual cash?