Until the bank wins the foreclosure and gets title to your landlord’s property, your landlord still owns the property.

Unless you meet certain criteria, you cannot unlock equity via a HELOC.Put simply, there is much more flexibilty in the US REI market, and for now, that is where my investment dollars will be headed.I am loving the rehab!

You further let them know who your buyer's agent is and pass out their business cards.After you get a good reputation, you simply pick up the phone and make calls to all of these seller's agents when you are in buying mode.They love it!

The reason I went for weight training is simply because he mentioned it, and seemed to be heading in that direction.

My day job is as an IT auditor for banks and I don't honestly believe that a bank would be involved with any investment that has that level or returns... simply put... its just to risky, and banks are some of the most risk adverse businesses out there...In addition if you google this term it does not return any usable results, which does not necessarily mean anything but I would expect if this were something that was legitimate than someone would have posted something at some point about it....Be weary... very weary...

Solid business principles always win out.

While I contend that as in any marriage, the wife will eventually win out. ha ha.Seriously you can buy properties that are in Foreclosure and then rent them to low income families.

That's what a forum is about and so far you are being very elusive.I understand your 50% rule of thumb completely, I just do not think it is accurate for all investments and I make a personal choice to use other calculations.I have said on numerous occassions that the 50% rule is simply a way of stating that the operating expenses in the United States for residential rentals run (average) 45% to 50% per year over time.

I would want to do all the details myself, they are simply their to find the property.A lot of attorneys love making things a lot more complicated than they should be.

The lender simply puts it to the back of the loan and it gets stacked on top of you loan balance.Your balance is = $300,000.00regualr interest payment = $1000.00You pay = $500.00New Balance is = $300,500.00You get the picture of doing this every month and remember since you balance goes up then you payment will increase as well.But wait the lender isn't all that bad they will only let you go to 110% of the LTV (Loan to Value of your property) and then they will take a recourse and have you make principle and interest payments to pay it down again.