@Paul Choi contact a title company, I use first American title and they can put together the purchase contract for you that states your loan terms and monthly payments.

You can try going to your local REIA and asking around for the title company everyone uses (investor friendly) and give them a call.At AZREIA, we have two competing title agencies (Great American and Chicago) that offer all the leads you can ever want and more, for free.

Hopefully the National Association of Realtors make a good lobby against this new tax policy, because if the bill does make it through, it may (in my opinion) shatter the American dream.

@Ray Thorsen,  you could try American Mortgage Equity Consultants, Inc.

Meanwhile, my remodeling business gets either Mexican immigrants (because the building trades are still honored there) or the American kids that high schools thought were too dumb to go to college.

Pretty cool with the American Ninja Warrior stuff!

In this fashion, you leverage the equity in your primary residence to acquire a nice little rental portfolio.This is all just my perspective.

No credit is available, but yields are 10-14%.I'm curious about the general attitude towards these kinds of transaction from American investors and other real estate professionals.

I have a strong desire to earn money in an entrepreneurial fashion and utilize my skills in new ways.

Your friend’s story isn’t far off from millions of other Americans.