You also need to understand the local and state laws relating to acquiring and evicting tenants.  

@Ericka Grant When you go through a residential mortgage lender - bank, broker, whatever, what you are typically trying to acquire is a Fannie, Freddie, FHA, VA, jumbo loan.

Knowing everyone is busy and not wanting to waste anyones time, how do YOU deal with securing access to the property so you don't have to ask the owner to stop by each time your contractors need in to do the walkthrough and write up a quote?

That will enable you to acquire the property, improve it, refinance (pay off loans), and then keep that property.

Hi Folks,I have some questions about a property that I am trying to acquire in Montana, but it seems to be quite a complicated issue.

I'm new to this and just purchased a multi family usinf fha. I will be living on the first floor with my family. There are 2 units above and one of them already gave their 30 days notice and it's okay. The other tenan...

Real estate is non-liquid, and to get your equity back you incur large expenses often and may need to access equity at a time when the market is down and steals a lot of it..Ah, but what about appreciation? 

Often times, churches can acquire land through donation, and then build on it. 

No CapEx) Monthly profit: $70.46 (so basically nothing)Cash on Cash ROI: 0.79% (ouch)Cap rate: 8%As you can see, the numbers are grim...My options as I see them are as follows:1) HELOC to gain access to this equity.

(I'm self-employed in the trades, not that I'll be doing all the work.)I joined this community thinking it would be a good place to network and bought a pro membership for the calculators and access to the marketplace.