Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

What I've seen is that when asked to provide an assurance that a loan wouldn't be called because of a due on sale clause being triggered, the lender customer service typically just outright says it's not allowed, or default to a "no", because they see it as a black and white question, and miss why the due on sale clause is actually written into the mortgage document to begin with.If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

Average person can't visualize how to fix it, but you can (create an extra bedroom for example)3.

This is my first personal mortgage so I'm trying to learn the game.

Yes I have owned 4 personal homes before but never an investment property.

Many are personal friends of mine living just 40 minutes south here in San Diego. 

Offered to intern/work for him at half the pay as his personal assistant if he would teach me everything he knew.

Additionally, an LLC can make it easier to separate personal and business finances, simplifying tax filings.Quick Tip: Work with a tax advisor to determine whether an LLC is the right structure for your investments.4.

I personally learned I enjoy local investing in residential properties.

Do you have other collateral, such as another income property or your personal residence (last resort) your seller could record their lien against?