I just never seemed to have enough money, knowledge, connections, lending ability, experience, too young etc. etc I was acquiring information but failing to actually do anything with it and failing to seek out and develop my "Unfair Advantage" as Brandon Turner so aptly puts it.

If you want to accumulate as many properties as possible, realize that acquiring rental properties is like a domino effect.

got a question. lets say you purchase a tax lien, and before the property is redeemed or you acquire it thru quiet title, what happens if the house is burned down or damaged by the current owner or someone else??

In 3 years, I've acquired 4 more, and my credit has dipped with each loan, and is now at 710.

Have a house in our neighborhood that my wife and I would love to acquire so that we could do the fix and flip.

I acquired both of these properties this year so I haven't owned them long.Does anyone have suggestions for obtaining financing (specifically financing with houses as collateral) to move forward in rehabbing and flipping properties and acquiring rental properties?

But I have come to my first snag..Im not exactly sure how to go about acquiring/financing the deal.

What do you think or know about acquiring a bank loan to consolidate debt ?

Use an installment agreement that does not use a deed-in-lieu.Best approach to acquiring a property to be improved is really buying with a Sub-2 transaction or a note and deed of trust taking title to the property.

If this is true and LLC 2 is truly a disregarded entity, then the acquisition of the replacement property by LLC 2 will be treated as if it was acquired by LLC 1 and will qualify for tax-deferred exchange treatment under Section 1031.The $500,000 cash that was not invested is considered taxable cash boot.