Not familiar with that area, but the BASIC #'s look good.

Basically buy a property below value with an FHA 203.k 3.5% down, after repairs are done, hopefully have enough equity to cash out refi up to 80% and then potentially HELOC up to 90% on that one as well.So, I would essentially have two OO financed properties that I've cashed out "free" equity that I've generated.

My original conception of note buyers and those buying structured settlements is that they do it at a GREAT discount because they are preying on (or helping it as the case may be) people who NEED the cash versus people who just WANT the cash.In my case I don't need the cash, but wouldn't mind having it as cash can always be put to good use.I appreciate all your replies, I enjoy learning about new topics like this!

If you use your attorney, it would seem this will add some layer of protection against that concept.

Given that, I'm guessing that you're not going to get the information you need in this thread (unless you know all the basics already).

It's the first factor in the economic concept of the factors of production; land, labor, capital and entrepreneurship.

I do not even know what 90% of my phone does I just make calls on it and other basic functions.My Samsung Galaxy S3 displays the BP website fine on it's own so I really do not need the mobile app for Android I guess.

It is basically the middle of a city block with driveway access, no real reason to build on it (no one is building in that area).

For the "TL:DR" crowd (not sure if that exists on this forum), I'm basically trying to find out what the minimum requirements to be an "owner-occupant" are.

Everyone person has a different twist on the same idea or method.A financial advisor has seen many of these different concepts for making and keeping money to build wealth.Do you know the difference between being rich and wealthy is?