And then in comes the junk....we're now at 20 cars, a bus, an RV or two, a tow truck, washers/dryers, and even an airplane fuselage...yes you read that right.A bunch of us neighbors called the County of course and they sent out a Code Enforcement officer.

Since this would be considered your course of business because it is not a one off, you should also look into things like using 3rd party servicers etc. to maintain compliance.If you want to do it right, then yes use underwriters to review the loans and treat it as if you were Wells Fargo originating a loan to yourself.

We also don't *need* the equity toward the new place, although of course it wouldn't hurt.

@Babu Ramadoss of course every area will be different, but here in California I just had the ceilings painted of an 815 sq.ft. home for $1000, and painted the interior walls myself for less than $500 in materials and supplies.Hope that helps.

.- it’s a course you paid for so there is no recourse when you eventually fail miserably. https://youtu.be/KyUHsoBdXT0

Is there the occasional premature part failure, of course, but even Mercedes has recalls from time to time, no manufacturer does the QC on electrical components they use. 

Hi everyone,Just started real estate investing this year and bought a triplex in Rochester NY.I’d like to focus my attention on Cleveland OH now, looking at multifamily in the $75k- $100k range.Needing lending advice, specifically on liquidating credit cards.Best Neil

The hope would be that I would repeat this many times of course with multiple investors and eventually use property management when it becomes too much to handle effectively.  

They are responding to facebook linkdin and bP PMs where the adds are simply to good to be true  so they get sucked into thinking there are actually loans at 5% for hml  or that NO down payment is necessary or that NO credit is necessary etc etc.. while it could happen for very experienced repeat borrowers  everything but the interest rate that is. 

Because OF COURSE TK is more, your getting MORE.