:D finally.

After the housing crash, my long time tenants moved out and I was moving off to grad school, and I could not sell my house (I was way underwater on the mortgage), so I ended up renting it out.I only recently got above water on that house, and it is not the best investment property, but I'm keeping it for now since it is finally generating a positive cash flow.I've recently come into a lot more money (self-employed), and am now in a position to buy even more properties, but I want to do it right this time.

As such, I have quite a bit of time to listen to the BP podcast, so I am taking time finally to get active on the forum and introduce myself.I will be 42 in a few short weeks.

When you finally arrive find that there is something you could do, whatever it is, take action.

My question is, will it be a better decision to put 20% down on the property I purchase in order to avoid PMI; or to put 5% down and use the extra cash to potentially line my self up for another acquisition in the near future?

Apparently they just announced (about a month ago) that the final selection for the OPL is Jackson park, next to the Woodlawn neighborhood.  

I've done quite a bit of reading and educating on doing this type of investment over the past year and I'm finally ready to get my feet wet!  

Unfortunately he doesn't get back with us very quickly (I mean several weeks of me calling and leaving messages to finally get an answer)  So we are in search for another attorney who understands wholesaling and assignments and can get back with us in a timely manner.  

I have finally made the decision to become a real estate investor after several years in the real estate industry. 

I have clients seeking short term loans for both property acquisition and rehab.