You might not cash flow right away, but even just offsetting what you were paying in rent while building equity, getting tax benefits, and learning how to be a landlord is a game changer.

This is advantageous bc later you have a third party loan (not your personal money) so seasoning period is 90 days to DSCR out. 

Personal money How did you add value to the deal?

They aren’t able to get a mortgage themselves so they would provide the money while the mortgage and deed would be in the others name.  

In that case, you’re living for $2,000 a month—while building equity in the home, benefiting from potential appreciation, and taking advantage of valuable tax write-offs!

I see it as a complimentary strategy to pull some of your money back out and hedge your bet

Using money from an appreciating asset just to pay your landlord doesn't seem like a good flow of money.

Just like most places, there are a few warzones in Springfield (not terrible, but I also wouldn't walk around there at night) that probably aren't going to be worth your time or money. 

Personal money How did you add value to the deal?

Happy to be here - and good to have a good hard-money lender as an option!