Unless you're willing to put a lot down to lower your monthly mortgage to match the existing cash flow, I'm not convinced this is the best way to go for the beginning investor (me).  

Hello, I am new to the website. I am not an investor yet, just trying to learn the basics and stay out of trouble. I have been watching Auction.com, there are a lot of REO's on that website many with large mortgages u...

A CPA consult early on is smart, especially if your existing situation is complicated.  

You retain $75k of the proceeds in cash. 

Otherwise if you're comfortable writing your own contract or modifying an existing one than you may be okay.

My wife and I have a house under contract in California that we are planning to flip. We have decided to partner with another couple in a JV partnership for the project. How do I add them to the title? We are using Ha...

Are you saying that you have a hard time refinancing those existing properties because to do so would cause you to bump up against your debt/income limits?

I was wondering if anyone could offer advice about investing in real estate and more specifically:- What would you do to balance investing in real estate (flips, rentals) vs. paying down my existing debt?

:-)) Those are all things I know exist but I have to study.BTW I don't know the guy

The neighbors are eager for him to vacate the property.The property is located in a very liberal area of Northern CA and the attorney retained by the daughters is claiming there is nothing he can do to get the husband out of the house.