Collecting rents with ACH and credit card 4.

Because anyone who buys a property is making five figures per month in appreciation.

The other wanted to take advantage of everything possible, up to the the point of harassing tenants on move out over a small scratch in the paint, even though the tenant was in there for five years.

Here's an example:Purchase price: $200kFirst: $150kSecond: $50k (held by seller at interest only at 10% for five years with a balloon payment at the end)Balance owing by you: $0

You end up fine for those five years (assuming my restaurant doesn't go under) but if I leave when the lease is up you are now stuck with what is effectively a $500K property for which you paid $750K, and you'll be unlikely to get a tenant who is going to come in and pay above-market rent.

Maybe it is different with commercial mortgages, I don't know.build a relationship with a bank, and no..im not talking about being nice to the tellers, get credit cards, get small signature loans, make cd's ira's etc

I recently got under contract four (or five, still need to hear back from my partner) new construction properties.

You get some store cards, like Sears, Home Depot, etc.

All one needs to do is make the monthly mortgage payments on time for two or three or five years then at the end of the fixed term, refinance and obtain a decent 30 fixed rate.

But, there are some things to watch out for.Sometimes "five units" really means five separate units each with their own kitchen and bath.