Careful on the due on sale clause in your mortgage.Use your second as leverage; you can use your second as a down payment on another property, you can split the notes to have more leverage (second mortgage of $200,000 with notes of four fifty thousands or two $100,000 etc.My renter is interested in buying the place, and I'm interested in selling.

In New York City they agents have bypassed the mls by listing on this sighthttp://streeteasy.com/ It is just a matter of time when technology replaces the agents altogether 

Do that for 3/4 years and start with your rentals leveraging them and cash flowing 3/400$ and build and build! 

Still if you are leveraging the deal, then your ROI should be good with  acceptable risk.

Yeah I completely understand where your coming from, I was assuming that they were going to be pretty leveraged so I figured I'd ask why condos in particular. 

My goal is to leverage weekly rentals in the South FL location to have availability at times for myself to visit (and pay myself through my job.)

My goal is within 3-5 years to own 3 or 4 triplexes or quads with about 20%-30% equity in each (don't want to over leverage).

Ideally I was hoping someone local would be available to set down face to face its my first time doing this and am just trying to be as cautious as I can thank you all for your help.Kane, the technology would allow us to do a 'face-to-face' even being thousands of miles apart by using google hangouts or Skype (if you prefer that over a phone call) :-)We can certainly arrange that!   

I firmly believe an investor's strategy should include leveraging other peoples' money to complete deals.

Anyone else here have tech upgrades that helped them up sell MDUs?Here is a list that of things I put in to help a friend pack his MDU with college kids. Fastest Internet possible Premium cable channelsUpgraded securi...