I hope not.Regardless, it is fraud as Josh and Jon have both informed you and not only can the mortgage company call your loan due, they can also have you arrested for fraud.When investing in RE, get investor loans, be honest, and do not buy if the numbers do not work without you cheating!

Certainly, folks who promote RE investing often do just that and stop at this point.

It is based on CLOSED SALES so there should be a great deal of accuracy.I once took an appraisal class at a RE school, it was of some value to me, but not enough that I would recommend it for everyone.all cash

It is based on CLOSED SALES so there should be a great deal of accuracy.I once took an appraisal class at a RE school, it was of some value to me, but not enough that I would recommend it for everyone.all cashI'm concerned about a deal I may make in the future, on a building I currently rent from my uncle.

And they're not all "how i got rich quick in RE" type stories either - they're real life stories.I would highly recommend this book to anyone who wants to start investing, but doesn't really know how to do that, or what to go after...This is perfect for those folks, and it's a pleasant simple, entertaining read that definately won't put you to sleep!

I've heard the same advice also, but IF the lender was to call the note due, I would be faced with the very difficult situation of having to pay off the properties or attempt to re-finance under much less desirable terms than I currently have.

Look for ads in the paper saying "money to loan", usually at the start of the RE section.

From what I understand, to start out with SFRs and stuff RE License might help but I also hear the downside wearing a RE Agent License...Cummins: I see your point w.r.t.

I have no illusions about instant RE riches, but I would like to be able to make a living at it.I've scheduled the past few months as my RE education period.

From a RE investors point of view, paying $240K for a house that's worth $260K and that needs work is a very bad deal.