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Kim, just wanted to say a sort of what Rob said. What I thought I knew about loans/servicibility/structuring was nothing compared to sitting down with our mortgage broker and having an experienced, investor ear to chat, run things by, and vice versa..The result was a plethora of stuff (to...

...and just completing another build, and acquired another 11ish (give or take a couple) blocks of land at, (what I consider) good buying to play with. The Obsession Empire roles onwards.....---->

RumpledElf: Relf, just brainstorming here, have you tried low docs? Might be the anal retentive in me coming out, but if you have yourselves a good (equity) IP, it's rented? Use the equity to help cover purchase costs of next IP, then it's rented, hopefully you are getting good rental...

Kim5: Yep, another here below the average wage, pretty much as Kathrynd and Sue78 have described. Built first IP in a regional, we knew the area well, not so much that it was relatively cheaper entry to metro, just knew the place...very happy with it, had enough equity, (within 12...