Still with everyone's help I may be able to live my dream.I own one rental property that pays 1250 in rent and has a small and ever shrinking balance of the original mortgage left.

My family has a number of properties but they aren't protected properly and we really need some help creating the right entities and structures.

And there's definitely a place for riskier investments in a well balanced portfolio.

Its negative because you're reducing the balance.

Roth contributions have already been taxed, and my understanding is that the Roth contributions can be removed without tax consequences when done properly.

One note: if you carry any balance on a credit card, in my opinion that is the worst thing to do.

The only item it roes not include is the mortgage payment whch comes out of the balance 50%.

If you are really building a business, I would team up with a mortgage broker to run things through for the proper disclosures and just factor it in to your cost.

My name is Will,i do not have a background in real estate at all.Im from NYC in NY,im currently a student at 22 years of age.My Goals in real estate are as follows--Learn to invest properly a d learn the risks of investing in real estate-Obtain as much knowledge as i can from REAL investors on the site,EX:People who actually made it.

John Sheedy It's a delicate balance sometimes.