Ok, perhaps not that complicated but requires you to go that extra mile anyway vs. just purchasing as an individual.I do agree that home equity is usually cheaper money but there are a few reasons I can think of to use a mortgage on the investment property instead: (1) you will continue looking for other investments in which case, access to maximum cash via your HELOC may be important; (2) you *may* end up with positive net income on the property without having the mortgage writeoff - this means a visit from the tax man.

I'm looking for advice on on what to say to my buyer's agent and more importantly what not to say.

Besides dragging your score down, this is the most important thing lenders look at.

“The Journey is as important as the destination” Keep in mind that real estate is a process that typically does not produce immediate cause and effect outcomes like many things in life.

Hey... interest only or not, the important thing is that you need to be able to have positive cash flow.

I cannot emphasize how important it is to research your property management company.

so much has been written about keeping a positive mindset - you could literally get lost just thinking about it.i think what's most important for alot of investors just starting out is to approach everything you do with a an attitude that screams -I'M GOING TO DO THIS AND MAKE IT MAKE ME MONEY!

you may want to talk to other investors in your area that have been doing it and learn from them. be sure to create a plan that you either type in word or write down and stick to it. best advice that was given to me was read all about investing then decide where you would like to start and surround yourself with people that have done it before. once u find what type of investing you want to do then create a plan and follow it. make sure the plan is flexible too there are bumps along the road for us newbies as we experience the world of real estate in different markets and areas of the untied states. in my opinion the most important thing is knowing your return on investment (ROI). if you're looking for cashflow maybe renting is your alley. if your looking for short return maybe wholesaling. there are many ways to invest. i suggest read them all and make your choice...

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If you are looking at a deal where you don't have bring anything to the deal and are going to reap all of these great and wonderful benefits, then research it further because chances are something is not right.Learn all you can about everything you can and most importantly, just use your head.My $.02 for what it's worth.