If you're in a market like Detroit, with a continuously declining population, then regardless of how cheaply you buy the house, it may still be a loser (because you can't keep it rented).Mike

This reduced term and the faster repayment of principal make GEMs more attractive to lenders and investors than other fixed-rate investments.

And your 'education' will be continuing!

Welcome to BiggerPockets.I hope that we can continue to be helpful to you in your quest to become a successful real estate investor!

Home foreclosure is right around the corner if you’ve fallen behind on repayment of loan and the house is serving as collateral.

I have been priced out year after year as my savings were continually not enough for a down payment on an ever increasing home.

I want to buy this property and continue a split that is already in progress.

You have the owner deed their property to you and you continue to make their payments every month.

So, if you want to get them onto leases, you could notify them the month-to-month tenancy is being terminated effective some date, and at the same time offer them a lease to continue in the same place.

I'm not really sure that my flip activity could be called continuous and regular.