This is the reality of the business.

I think it is fine to use your own money to buy but I wouldn't sink all your money into 2 properties. 

How in any reality could you place a lien on their property for that?

How in any reality could you place a lien on their property for that?

If anyone is considering a cash out refi, they may want to speed up their plans to do so before the refi cap is reduced.Donthis is a smart move.. massive debt to eye balls is what sinks many.. 

My favorite thing to do when learning a new skill or job is to watch/listen/participate with everyone around me that is involved, take in the way that each person does it, let it all sink in, and turn it into what works best for me.I have had a few different types of jobs; I laid irrigation pipe for 3 summers, I was roadie for a local band that toured Nebraska for about 3 years, I worked in a warehouse of a carpet shop for a summer, I was a line cook in a scratch kitchens for 10 years (this is what I owe most of my quick-on-the-fly thinking skills from), and I am currently a Journeyman Electrician (7 years in the trade) I am taking my Electrical Contractors test this month and if pass that I will be able to pull all my own electrical permits.I have a wonderful family (wife and a daughter) who support me in all that I do.

You might be assuming the worst, when in reality it's not really that much of a tax burden.

But the reality is that the average person will move over 8 times in their life. 

Is this the reality of being a real estate agent?  

A p-trap under the sink costs $2.