Can you still invest in property when you still have a mortgage?

[Quynh-Chi Nguyen]

Hi

Basically, I am wondering if all of you investors out there own your personal property outright before starting your RE business?

I am still very new to this. I am still learning and doing my homework first before starting anything. In any case, I do have some cash to start with the business but at the same time I still have a mortgage to pay for own place. My place is currently underwater. No equity at all. It went down hill after I bought it in 2006. 

Thanks

Chi