In the last year I have purchased 7 houses using various loan types. One in particular I like is the "Flex Saver" it is basically a credit card. If I pay down the loan my payment decreases or I can borrow against the home with the card they provided. In this area the rental market is tight and not much available. I keep all homes rented earning approximately $1500 a month additional income. I recently purchased a home on the river for about $45,000 under market and I am renovating it. When completed value should be approx $100,000 more than purchase price with renovation costs at approx $25,000. Good luck to you investors!
Karen Mason karen@yourbestagent.com Titusville, FL Aug 6, 2005
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