That would be similar to Buffet's approach, and could result in significant gains - but many of us would consider to be riskier than a real estate investment where the majority of your collateral is tied up in physical assets instead of inventory/systems that could go obsolete.

Can you work in RE with bad credit, yes, but it is more difficult and it will limit your opportunities in many aspects of trying to do business.Are you good with people, can you approach a college professor and speak to him and gain his trust in what you are saying or do you have difficulties and only work orcommunicate well with just certain people, then do those certain peopleneed a property or own property to sell?

Just relocated from North Carolina and looking to gain some knowledge on no money options for RE investing.

Another thing we did when the the S-corp was flush with cash was hold financing for several of our Commercial property LLC's thus creating a passive income stream.

If you buy right, you'll capture the gain then, assuming external forces don't wreck it.

These past few weeks I've been passively reading, learning, listening, and researching.

Gary,With your numbers, the cashflow you gain by paying off the property is vastly greater than tax incentives you lose!

If you're primary focus is capital growth (what I call appreciation potential), then you'll want to focus on more cyclical markets where you can get a positive cash flow but stand to gain more on the "back-end".In both cases above, you'll want to stick to markets that have a sound economy and a healthy housing market.

My ultimate goal is for passive income earned with these properties to cover my current living expenses (and hopefully more).

I do my projects to gain experience for when "I can do it full time"Although its pretty full time now lol.