Here are some steps you can take today to begin the recovery process – while you invest.Credit won’t be as readily available to you, so the first order of business for you will be to try to quickly build some positive credit.

It will take a number of years but our goal is to have several by the time we want to retire and at that point have a positive cash flow.

Personally, I like to have a $100 per month positive cash flow.In my opinion, this is not a good deal and it should be purchased at a much lower price.Rents are set by the market, not the landlord.

This is frustrating because 1) I am only looking at properties with a positive cash flow and 2) I have enough in my checking account to take care of these mortgage payments in case something happens for a couple months.What can I do?

Hmmmm......About 15 years ago when I was discussing a salary disparity between a woman and man co worker, the other person (who was a Woman) said "but he is the bread winner for his family".

I saw your post and wanted to apologize for the slow speeds that you experienced and let you know that we are currently testing changes to our service that will have a positive impact on the speed issues that you are referring to.

you hold the first position; assuming no other liens are in place, if you're foreclosing on the property - do you HAVE to put it up for an auction or you can take over the property and own it?...

If so, that puts another lender in second position, which will be tougher to find.

Was hearing many 2nd position lien holders will sell their position off last minute thinking if the 1st forecloses they lose it all.

The lending institution will tell them that once the position has been prepared to the sheriff’s office they must leave the property right away and thus depart their hopes and dreams behind.