People who are buying there are either doing major re-positioning - i.e total renovation of building or space and/or betting on huge appreciation.

I have several times bought negative cashflow situations because of the property was something i could change into positive cashflow quickly through development or change.

But as a fall back position you may need to give seller help.

So when the downturn occurs, you'll be minimally exposed.2) long-term investments that you intend to hold through the recession and into the next cycle.Preferably, they should be fairly recession resistant so that you see a positive return on investment earlier in the next cycle.

Are you in position to pick up the phone and ask for money?

I am considering buying houses in the 75-100,000 range.I know some may say buy multi but I ahve been looking and can't really find the right one.If you were in my position, how would you proceed, again looking to maximize cash flow.Thanks in advance.

Those people 'assure' that the lender will NOT call in the loan, even if they do find out, because they would rather have someone paying on the loan than going through a foreclosure process.When I did a land contract back in 2011, that bank had no issue with approving it, and the insurance basically was set up so that the bank was 1st position and I was 2nd position.

I'd be interested in hearing more perspectives on this however, as some people seemed to have had positive experiences with paid mentors.

I know you'll want to do more but you've got time to do it slow and right.What I would consider in your position is buying 1 house that needs some light handyman work to it and fixing it up to rent or sell.

It appears the lender is allowing that note to remain in place as a first position, therby allowing future advances and a portion of the 350k loan be secured as a second mortgage on that property.