I view tax deductions as a plus while your paying the mortgages off, but to my knowledge they arent as valuable as the income off of a free and clear property.I know a lot of people share your view point, but I just dont understand how a portion of money is better than ALL of the money.

I have a 401k with my business now that I would not want to touch.Does anyone have any knowledge on whether i could use these IRA accounts to help me get started or is this not advisable because of the tax implications.Thanks again everyone!

For the up teenth time, I will state unequivocally Bill Gulley your knowledge of what not to do with money and property and picking up girls at bars is unsurpassed.I still havent gotten over that story of getting the girls ph # at the bar!

You need credit, income, knowledge/experience, collateral and assets to be considered for financing in RE, if you lack in one area, you need to compensate in another area, but the ability to repay and collareal can't be completly overcome with other aspects.

To my knowledge a Memorandum can't be filed without the Sellers signature.

I have been educating my self through these forums and soon i hope to have enough knowledge and confidence to get out there and make some money.

My wife and I are currently seeking all the information and knowledge we can to be successful Real Estate Investors, hopefully rehabbing and or flipping.

There seems to be a wealth of knowledge on here.

ANY INFORMATION, KNOWLEDGE, TIPS, or Advice would be greatly appreciated.

Take your time, build sound knowledge, learn your market and stay close to customary practices, you should do well.