Using mortgage debt at 6-7% on a refinance to pay off higher rate debt such as a credit card at 15-25% is a savings!

The loan is still on my name, but is being paid off every month by my buyer.

You can only target owners with paid off properties who don’t need the money right away.

I agree with most on here that the warranty process is less than ideal, however there are off chances that it saves you thousands.

It's a single mom with one cute toddler that works her butt off to raise her kid, hold a full-time job, and go to school at night.

Hi Anthony-You asked about the best ways to find off-market deals for your in-laws to buy and move into and you are focussed on the Santa Barbara, CA area which I have been to and it is gorgeous.It kind of reminds me of an Ann Arbor on the ocean. :)Anyway, I like your strategy of driving and looking for houses in need of repair and sending handwritten letters and contacting rentals for the reasons you gave.

@Franklin Perez how is getting a license going to allow you to access off market properties?

Quote from @Stacie Telles: Hello all, I inherited a duplex fully paid off.

Here’s why this market is so ripe:1️⃣ Mom-and-Pop Sell-Offs at Huge DiscountsA lot of these properties have been in the same family for decades, but now the kids aren’t interested in taking over the business or the real estate.

The building value of the rental is written off across 27.5 years.