I would like to get properties while continuing to live in my own residence.And if this is a good idea, can I do this once a year, taking the equity out of each house and putting it as a down payment on another?????

The advice normally comes from a RE lawyer who is being conservative.Assuming the payments continue on time then the lender has little incentive to call the loan.

I would hate to see you go in there and start cleaning up a scene that may be an on going investigation.

I'm looking to continue to invest in this area and I want to establish a relationship with a good lender.

I'm continuing my research and will get in touch as needed.

Difficulties cames as I experienced new lessons and continue as I stay out of my comfort zone.

I do however; continue to originate commercial mortgages on a national level.

I'm in the rental business, so I'm continuing to buy at a deep discount as usual.Mike

House sales are extremely slow and the inventory continues to rise.As you know, I don't invest for appreciation.

The lady continues to control the home and live there but the value and the appreciation is not fully part of her estate.The simplest solution is to write a check and pay the bills.