Lennar is either 1 or 2 in size in the US DR Horton is the other.. they are production builder so yes quality is not their hallmark.. price is .. 2. wrapping the mortgage could certainly create an event of default with Lennars lending arm. there by trashing your credit. 3. if your buyer stops paying you have to keep paying and foreclose and hope they have not trashed the home when you get it back.. like all things creative finance wise sounds great on paper and is great if it all goes perfect but lots of things can fall apart if things do not go right.. so what is your fico score worth ?  

Before you quit your W2, you'll want to make sure your rentals are making enough on paper to replace that other income.Once you quit your W2 job, you'll officially be considered self employed by lenders and the important thing to keep in mind is that we can only count your NET income.My advice is chat with a CPA who can help you structure your income properly and try and do it 2 years prior to quitting your W2 job.

I don't want to do private lenders and risk someone else's money since I already did 2 bad deals in 2023 (don't buy Class C in the Midwest for "cash flow on paper" which there is none).

Should I ask to see certain papers?

This will be a place they can put their detergent, bleach, etc or even to store some folded towels etc.

.- Do not install toilet paper holder.

One big corporate owner runs the show and you pay when they want to do anything to the complex.The 25% looks pretty good on paper.

@Erika Caba I think if at the end of the year when you can evaluate the situation as a whole with everything taken into consideration and are looking at your tax returns if your goals have been accomplished with this building, whether it’s positive cash flow, off setting W-2 income, whatever, then I’d say it’s too early to throw in the towel.

I found motivated sellers from the notices of default in the local paper, wrote them letters and bought houses with seller financing. 

Everything decent either gets canceled, is asking too much or gets bid up to paper thin margins.