Focus on 10 different methods and you won't do any of them with purpose or consistency. 

(Currently negotiating the PA)I've been licensed as a realtor in the State of IL for over a year now, but I mainly got licensed for educational purposes.

These are business purpose loans that use the home as collateral.

If it's your first, but you're thinking of doing it regularly I'd advise treating it like a business and talking to both a lawyer and a CPA as it may be advantageous for you to form an entity or to open an IRA if you don't already have one for the purpose if it best fits your particular situation.

Tons of people do refinancing for the purpose of taking cash out of the equity you have in the property.

I then spent the next 4 years as a concert promoter in San Jose, CA until the reality of living in the Silicon Valley came knocking. 

Very handy for documentation purposes.4.

IMO anyone advocating walking away is promoting harm to the unsuspecting public.

@Dale NuzumWhether the strategy makes sense or not will depend on a lot of details.As a means to utilize existing tax-deferred retirement savings to capitalize a business expansion, a ROBS would absolutely be the correct tool for the purpose.

The typical urban housing stock is rows of purpose-built triplexes or duplexes.