I'll just add that those that do this would typically set aside some of the amount borrowed to make the minuimum payments on the CC's (in response to someone previously).Also, if you can demonstrate that the CC debt was used to acquire the property, the interest should be tax deductible (Dave T can comment on this, I've never heard him say anything incorrect about taxes).Obviously, it's a 180 degree different financial world than 4 years, ago, exponentially more difficult to get financing, particularly NOO HELOC's.If you can hold for 6 mths to one year, however, you might well be able to use a new appraisal, picking up the appreciation you forced into the deal, in your refinancing and do this with little or no net funds invested when the dust settles.So if the stars all align... jackpot.

For comparison Q3 2011 reading was 35.1.I have just begun studying the multifamily industry and I would speculate the wave of foreclosures during the last recession would have forced people out of their homes and into rentals i.e. multifamily units.According to the chart multifamily vacancies rose to a high level during the recession, and peaked in 2009.

Typically contracts specify either liquidated damages (the seller keeps you EM) or specific performance (seller can sue to force you to buy.)

Basic forces of the economic market should "equalize" the proportions.

A lot of the learning comes from the plan making itself, as it forces you to ask questions that you don't know the answer to and then have to research, and end up learning more.- Do everything you can to maximize your income and minimize your living expenses, so that you've got money left over to invest.

The way I operate I purchase properties that I can force a decent amount of appreciation by fixing them up as well as improving them.

I'd rather call them forced savings.

Idk exactly what my goals are but I do know I want a paid for rental property(ies) by the time I retire from the Air Force or a few years after 16-20 years from now.

Sometimes when others are forced to buy at a higher price in a bidding war they might end up backing out.

Doing a cash-out refinance of our primary would force us to give up our 3.5% fixed rate.