I can read books until I am blue in the face, but I would rather hear some of your stories if you have them.

no, no, nobuying new starter homes for rental purposes at retail prices doesn't make any sense in the face of our strater home foreclosure crisis.

So, I have a challenge for you… Over time, I will post as many marketing ideas that I can think of to find deals… Will you do the same?

The main challenge I see is to convince the seller that you are a good, well organized investor, who will take all the burden off of them, giving them regular guaranteed monthly payments, while they continue to receive all the tax benefits of ownership, during the term.

If you don't have more reserves you will fall on your face.

My plan is to buy a home to live in for 3-12 months rent it out obtain owner occupied financing on a 2nd home live in it for 3-12 months rent it out, look for a 3rd home and do the same thing again and again.What challenges do I face obtaining a multiple owner-occupied financing in a short period of time and how I can I overcome them?

If either is the case, you can challenge the BPO and get a new one.

Let's face it, the game is up.

(I think she knew, but she is the kind of person that if its not in her face, she will brush it off)Im not saying lie, but I am saying shhhhhhh, in the beginning.This is all being said with the assumption you have a plan, and couldnt help but be successful, once you start.

When someone is behind on their payments and facing foreclosure, their credit is already ruined and whether an investor buys the house or not, it is no "WIN" for the seller.