I started getting involved in real estate investing in 2009, and put together a portfolio of 5 SFRs in Tucson, AZ by the end of 2011.

But, these discounts apply generally just to the daily fines, Not for actual costs involved.....admin hearings, cutting grass, demolishing a building, boarding up a building, etc.

Done correctly it could be a win win for everyone involved.  

Don't get emotionally involved with your own primary - FIRST, treat it as an investment!

Are you accounting for things like water/sewer, garbage, electricity for common areas, landscaping, etc, in actual numbers or just using a percentage of rent or are you just adding a certain amount for the incidentals?

They would have no guarantee that you would use the money to buy a property and no collateral (i.e. no way to put a lien on the property) if they were to give you the cash directly.Cash means cash in your bank account.

Account Closed, Welcome to BP.

Thank you Chris , I would have to do something like this as the homes that are there now do not warrant repairing. too much time and money involved.

She said I should write a check form my HELOC to any of my other checking accounts because I'm not able to do a "Stop Payment" on a check coming from my HELOC.  

Do you know of an independent bank that gives reasonable rates and takes into account your rental homes cashflow and history unlike traditional banks?