He informs us that if this continues we'll be evicted; there is no need for all this noise and to stop torturing the woman downstairs.

I made my 1st purchase in 2004 as my personal home but am now interested in renting it out and continuing to get my hands on a few more properties.

But I heard, that if you put the deed not into your name or business name, but in the name of a "Land Trust" that a Federal Law says the Bank can not enforce the "Due On" clause so then you can continue to hold the property until you sell it etc.

And that's why, despite the low cap rates, people continue to invest in Southern California.

This will free you up to continue purchasing and provide a pretty attractive interest rate.

The real question is, is this the problem being solved or are we just going to quit filing foreclosures to allow the housing market to heal, or are we waiting for Fed Gov to buy these assets. •The more people that can stay in their homes and start paying on their debts, the faster this ends. •If the trend continues down thru 01/2009.

You can then approach an owner after they have been fined in court or granted a continuance for whatever reason.

If you can really justify the $95K value, you should be able to find someone who would do a cash out refi for $30-40K and get yourself a nice kitty to continue investing.

My way has worked well for nearly 40 years for me and will continue to do so.

Incidentally, the current property manager employed by the current owner has agreed to stay on, so at least there's continuity...Opinions anyone?