Find someone who is reputable.

I like the GN for 3 reasons;- I've attended many reputable seminars there and the room rates are very affordable.

I'm just pointing out that knowing potential consequences will help you make a more informed decision about whether to proceed with the 2nd home purchase.

Although it is indeed a rental, the tenant is building "equity" (credits) and has consequently....demonstrates pride of ownership and takes care of most minor repair issues on their own.

Are there any tax consequences in the state of California on something like this since they have pulled finds out via a refi?

If you do that a few times you will get a very bad reputation and you will find it harder to get a contract.

His reputation helped him in getting such a deal.

Scott pointed out.While I have a reputation of being Mr.

My personal opinion is that you should work to protect your name and reputation at all costs.

@Roddie Weddle I buy from reputable and proven wholesalers in Houston, because of the time it takes to find investor friendly properties, that is a job itself, being a wholesaler, just my opinion and my experiences....