yes thinking to buy a multifamily with 5% down with the intention to live in one of the units

Purchased in 2015 for $57k seller financed.

You can also offer to lease with an option to buy to tie up the property until you are ready to purchase. 

That someone is going to deliver to you, on a silver platter, a property purchase you can simply say "yeah, sure, I'll take that" where you do some paint, carpet, little cleaning and tidying and turn around and clear a $100k? 

The intention is good and there can be some solid advice. 

@Jimmy O'Connor 's intention is to bring more investors to the city.

I'd also like to try to purchase with a land trust or my LLC. 

Hi Thu - Congrats on your first STR purchase—so exciting!

As it reads, a pro-rata share is "equal to the Purchase Price of Participation divided by the Outstanding Principal Balance of the Note."

The intent of getting a sales agent license is to educate myself in Real Estate and create some additional income.If your relationship is such that you need to hide your license, you’d be better off with a different working relationship.