We finally found a good property by looking up expired listings in the North County coastal area.  

Rick Rucker and othersCan you explain how loss(negative) affect rental schedule E.

@Brittany King, as long as you are not going to go crazy and buy a 60K new car, I would say finance it and keep the liquid.  

., as you stated, most lenders will require a net worth equal to or exceeding the loan balance, in addition - 10% liquidity post close and multifamily experience.Assuming you have the experience, lenders are fine with you bringing in a loan sponsor who has the necessary financial means to complement you as the operator of the deal.

I use flooring from Lumber Liquidators.

My e-mail is in the signature of my posts.

;-)@Brent Coombs - My current interest rate is 3.99%@Anthony Gayden - Yeah I probably could have dumped a lot more more into my 401K but took the approach to only contribute as much as my employer would match and stock the rest as cash so that I could remain liquid.  

Lior E. try zillow api http://www.zillow.com/howto/api/APIOverview.htm here is an example vba - http://johnmann.me/excel-zillow-api-extraction

For example, in Texas the right to claim the overage expires in 2 years and you must be an attorney to help someone recover it.

Or you can wait until the current lease expires, and sell in what is already shaping up to be a HOT 2017 seller's market and focus on Chicago.