Can you buy a property to rent which will bring you added cash flow so you can get into a nice first home and a second rental property in 5 years?

With that being said I bring my first question to the forum.What kind of measures do bankers look for when you apply for a loan on a income producing property?

If the lender forecloses the deed of trust out of court, the lender has chosen one action and may not bring a lawsuit to recover a deficiency, which would be a second action.

You have to bring value also, no friendship can last if you only take.

Your agent should be ready to present offers, however, they are negotiating in order to bring the seller a reasonable offer while still keeping your goals in mind and keeping communication going between you and the seller.

"He's cut corners on maintenance, and left a mess" you should think.Figure out what its going to take to bring it up to market conditions.

I live in Racine County, Wisconsin and own investment property in the City of Racine, however I run/own/manage a discount residential brokerage and the bulk of my business brings me into Milwaukee.

Jon, You bring up a great point.

I just want to bring up a website called http://www.campaignforliberty.comIt's Ron Paul trying to organize grass roots folks to run for local offices and espouse a platform of free markets, and individual liberty - pretty radical ideas in these times!

In 3 years I'm sure I could double my money.I just want to bring in a bit of income in the interim.