I ask because it is often much cheaper than using hard or private money.My understanding is that many banks and credit unions will still provide first position liens on investment properties (as long as it and the borrower meet the criteria).This post is only my personal opinion.

I'd rather use a Scottrade account and pay minimal fees.That said, I am surprised at all the pro 401(K) positions from a lot of good investors in this thread.

Unless my definition of "government owned" is different than most people's, I'm fairly positive that BoA is *not* government owned...

Which position would you rather be in?

Have someone else pay the mortgage until you're in a better position.

How much money do I need to invest outside of California and cash flow positive?

good positive cash flow?

If all that is needed is the final, you should be in a good position, but without all the facts, impossible for me or anyone else to say for sure.

Thus our position is that they no longer even exist.

If there is no equity and Sandwich might be an option, if there is a positive cash flow between rent differential, but...80 for 80?