Of course when I was a kid and had some stuff I shouldn't have had in the house, I used to HIDE IT PRETTY GOOD when my parents came home.

Of course they couldn't get away with this in a less demand market.

I would look at FSBOs, properties on the MLS, auctions and estate sales, properties that are going to sheriff sales (need to be a little careful here), REOs (through a realtor of course), HUD homes, etc.

Of course you must buy correctly and only use the HELOC to buy assets and not liabilities.

Are there any good books/courses on this technique?

The markets factored in an Obama win and now the news is just settling in.No matter who is president, the economy here and abroad has to run its course.

Of course, the due on sale clause in most mortgages means that the loan can be called due if the property is sold.

Of course they still hold full time jobs, but have 1-4 properties under their belt.Mike gave you some good advice, but there are ways to invest now, without the resources you mentioned.

However, as your portfolio grows, the risk diminishes because the cash flow from your properties will cover any big expenses that come up (assuming of course that you bought properly and have calculated your cash flow using real world operating expenses).

Of course you will have some buyers who insist that you list their house higher than what it is worth but I usually pass on those listings.