I guess I wouldn't be able to cheat the system by saying I am renting out 4 and Living in the 5th?

I devote all the time needed to the rentals, and my tenants presently like me, so I guess that's good.

I'm guessing there is a resource to determine how/who owns a bank, I just have never researched it, thought it would make sense to try!

My uninformed guess is that we could sweep away 80% - 90% of regulations surrounding Finance and still provide reasonable protection for those who actually need it.     

To my benefit though, I have a feeling that multiple offers drove the price up, but some of those people may have been using financing and this particular home probably wouldn't even appraise at asking.I guess the most ambiguous but accurate response would be: it depends!

I've actually found a little soft spot in my heart for the RE agents that just come right out and say "I don't work with investors" because it at least saves me the time and energy.Now having said that - I had to make TONS of calls and send a bunch of emails but I finally found an agent that does nothing more than work with investors and I'm stoked that the hunt finally paid off.And guess where I found that agent at?  

She probably won't buy it back, that is my guess.

Turning a profit is the goal of everybody, I guess.

I guess it all depends on the lender.

I am guessing the Interviewee is implying that they DIL the property and then as title owners service the debt of the first lien in hopes the first lien does not take action for being alienated on title.