Your first four mortgages are usually pretty "easy" to get.

- Is dealing with you easy and fast?

Sure recipe for disaster, in my opinion.Would also say a big resounding NO to debt - find an affordable market (and you don't have to limit yourself to your own back yard, the world's full of those at any given time, even if there's nothing around your home town at the moment), and don't give in to the temptation of easy money.Kenny Estes wrote a great piece about that one, and I couldn't agree more - http://www.biggerpockets.com/renewsblog/2013/07/24/real-estate-leverage/(all of the above is just my opinion and experience, of course.

Again, simply using the example above, it is easy to understand how excluding $10k of income can change your debt to income ratio which might cause a loan denial.If I had a dime for every 1003 I reviewed from the LO's that use to work for me who failed to properly identify property, which then usually means it defaulted to SFR, I would have a lot of dimes.

So in other words, I can't use the line of credit I have for a down payment.I mean i would imagine that if I were able to purchase a property using the credit line as down payment, and there was enough equity in the property, getting a loan for a fix and flip would be easy.

Its easy to say raise taxes or reduce spending.

We've gotten good responses from these very easy fixes.Also, make sure your front door and entryway are nice.

I came "back" to real estate 10 yrs ago.So, it was relatively easy for me because I had assets to invest but here are the answers to your questions.1.

I'm sure it had to do with something a little different than just that.But I could see where it would be real easy to game the system if the auctioneer was in on the deal with some of these other scenarios.

Confirmation that doing what I am doing is what I should be doing until I have the bank in place.It is easy for me to get distracted by articles, books, or posts of other people achieving goals using OPM.