That will also give you more time in your house to evaluate the "true" costs of home ownership, things break and need replacing all the time.Getting the equity out of a house every year makes the assumption that you'll be getting great appreciation in the coming years.

It also appears that the poster in the other thread slips the ownership notice in with the insurance letter.

While they explain what some of the indicators are that they use to determine what would make a good emerging market, they do not really get into the nuts an bolts of exactly how to conduct this research.All in all I thought the book was good and it definitely gave me some moments of inspiration of things I can change in my own investing career, however I would have preferred more practical "how to" information versus theory.This is a book that I believe would be helpful for experienced investors.

Since Condo-Hotels (whole ownership and fractional) are considered second homes they tend to be viewed as a riskier investment from a mortgage broker's point of view.

To determine if this is a deal, you need to know what the comps are (and what the rents are if you're considering renting it).Real estate investing is all about the numbers.

Business is business there is all ways going to be a bump in the road that blocks a straight path, what ever you decide to do about that bump determines the outcome!

No prior experience with it other than home ownership.

So, barring an IRS lein, you still have to wait at least 30 days for the court to confirm ownership.

At some point a qualified renter will determine that he is better off buying than renting.

Determine where your money is going and how come you don't have any cash.Without doing that, buying what you perceive as "bargains" today is just going to compound your current problem.