Just remember to always be honest with your deals and investors will happily pass on your name to other investors.BTW, hopefully you can find enough deals to get rid of that FT rat race.Best of luck sir!

If it is covered in albizia, it will cost you thousands to get rid of them and you'd still be at risk from them on neighboring lots.

Hi Craig,I see that you are interested in MF, however I know someone who has a client right now that is trying to get rid of 7 fully rehabbed and tenant occupied houses in Detroit.

My question is do I try and find an 80/10/10 loan (with the last 10% being the current equity) or do I wait until I am at 80% LTV and get rid of it all in one fell swoop?

But getting rid of a tenant should be easier if they are on a month-to-month lease.

However, take a person with somewhat limited REI experience, money to spend, and absolutely no familiarity with an out of state market thousands of miles away and absolutely no personal or professional connections there, and asking them to put all their money and trust into the hands of Real Estate Agents, Contractors, and Property Managers whom she has zero experience working with sounds very risky to me.At this stage in the RE cycle, I'd pay off or refinance out of the HELOC to get rid of a variable interest rate, educate myself and look for great deals locally (which you won't likely find given the state of the market, but you'll learn a lot by searching), and build my war chest up.

Also the current landlord reference must be taken with a grain of salt, if they are trying to get rid of bad tenants they may give a glowing reference.

You want to get rid of aliens as part of the clothes?     

That's a motivation to get rid of this apartment.

Foreclosures are considered inventory to the banks, they are trying to get rid of them.