I joined to network and educate myself thoroughly prior to taking the next step in my investing career.

We are currently renting a home and want to buy our first investment property.I have been listening to several BP podcast and I'm learning that picking one route and sticking to it has proven to be successful.

Some need their hand held and led to a property and walked through every step, some don't.

I figured that was my next step to call the water dept.

This is probably one of the most comprehensive articles on yellow letters and mail merges with photos and steps.

One less step.

Here are some steps you can take in the future to catch these types of things earlier as it is not always the easiest to do. 1. 2. 3. 4.

My question is what's the next step?

You will hear some claim on BP, not Ken, that compliance is not required if the note predates the Act, not true in all respects.I can say that when a violation of law is discovered and the violator has then taken steps to comply after their discovery, there is an entirely different attitude taken by regulators, often to the point of no harm no foul.

Being that I'm a full time student and my income cannot be proven because it's all from trading, would it be reasonable for me to take out a HML for 6/12 months, and either come up with the rehab capital myself or use another investors help for rehab, and as an exit strategy tell my HML I plan to rehab and then cash out refinance to pay them off as my other investor and then rent out the property for the cash flow a use any excess funds for further investment?