with inflation increasing and taxes - you're money is earning .5%.you might as well go out and spend it on cheeseburgers and fries.learn about investing and how to make your money - WORK FOR YOU.rather than you working for money.

seriously.if you have lived your life like many people do...with no idea of how money works and you have a earned-income mindset - (you have to work for it to get it)...then i'd suggest reading a few good books.Robert Kiyosaki has written a few and Guide To Investing is excellent!

Take the remainder and put the bulk of it in something that will earn some nice interest but that the banks will view as liquid.

I am up to my eyeballs in debt so I don't have any capitol to start, and I want to learn to wholsale so I can pay down a bit of my debt, and get a little extra to start rehabing my own properties.

but actually going to work and saving your earned income is downright foolish - that's where inflation and taxes EAT YOU ALIVE.

Convince myself to let go of the hard-earned cash (love to see it in the bank) and take a risk that could turn into a nice future (or not - darn it!)

Of course with many houses running well over $1mil, coming up with an extra $1-$2k isn't that hard for many sellers but I see your concern.

www.bestnetcoach.com I don't give any extra support to those who don't pay for it but you are welcome to look at the material there.

That is unless you are just looking for somewhere to store extra cash and beat inflation.

Ok, perhaps not that complicated but requires you to go that extra mile anyway vs. just purchasing as an individual.I do agree that home equity is usually cheaper money but there are a few reasons I can think of to use a mortgage on the investment property instead: (1) you will continue looking for other investments in which case, access to maximum cash via your HELOC may be important; (2) you *may* end up with positive net income on the property without having the mortgage writeoff - this means a visit from the tax man.