Also be aware of the tax implications (tax owed on gains if you sell, depreciation's impact sheltering your income if you hold, and the impact of interest expense deduction if you take out loans).If my sister asked me this question, I would recommend taking a mortgage on the current property now, then taking time to find an additional property to buy.

Its not to say it has not been a success, however, I do not think it has been excellent, their has to be more and better portfolio lenders that someone on BP can define.Please share your experiences and gain better insight into the deeper operations of the elders denied, by triangulating as much data and information the BO community has.

Hi Senad,     I'm glad you're gaining as much knowledge as possible about RE.

Am interested in taking whatever profits gained from this endeavor and purchasing a mobile home park.  

Keep in mind you capital gains from the sale of your home.

Hello, my name is Michael Kuhn.After going thru a Lifetime of bad experiences, suffering, & challenges over the last 8 years, we are starting a new venture to help us make decent money and gain back control over our Lives: Real Estate.  

Looking forward to gaining insight, knowledge and networking as well as potentially find some investors who invest out of state that may be interested in my current contracts. 

They need to speak to an advisor about their basis in their equities and their loss/gain position.  

Again, I'm a new guy just trying to gain some knowledge and understanding.I'm looking forward to the responses,Alex Sanfilippo

At minimum you are on the right path and in the right space to gain knowledge and options from an expert group of REI.