If this is your plan, then your mortgage at purchase should be an open mortgage (higher rate, but no prepayment penalty) or, at the very least, a fixed-term, variable rate mortgage (penalty of 3-months interest) and not a fixed-rate, fixed term mortgage (penalty: interest rate differential).If you would like a second set of eyes to review your strategy, feel free to PM me.

But finding out how MA housing court judges apply it could be eye opening. 

It also provides a second set of eyes to confirm its actually a deal and the draw schedule helps keep your GC on track.

In addition to my direct mailing (approx 950 pieces, which I also designed...not yellow cards..I tried to be eye catching..think animals..this is animal loving Carmel), I am in the process of building a cash buyers list (no deal yet!!)...

Just keep an eye out for anyone trying to sell you an "easy" solution.  

Keep your eyes on your goal and keep going at it, no matter how many times you hear "No", and you WILL get there.

ARMs make me track my investments more properly and keep an eye on my positions. 

But almost every single person there had ZERO investing experience, very little money and are looking to better themselves and their station in life.I could see the wide eyes and the nearly salivating mouths from some of these people at the prospect of what this dude was selling.  

I would make sure that $250-300k figure isn't starry-eyed.

I have had one eye on real estate for several years now and finally, it has taken over my mind.