Call them up and get an idea of their needs, why they are coming to town.

I can’t say I came up with the idea, I saw a landlord with more units than I have post that they offered the holiday discount, bug only to their tenants who had made all their rent payments on time and in full over the course of the year.

My idea to buy a home is to get an 80% LTV 1st mortgage from a bank, take over that mortgage and give the seller a second mortgage for 50% of the 1st mortgage balance because I need some cash to cover the payments, which the amount of cash would be more than the remaining equity in the home.

The list goes on but I think you'll get the idea.

I've been lurking on BP for about a month, so I have a rough idea of the regular newbie steps which I will try to address below.

It sounds like you're looking to balance immediate cash flow with long-term equity growth, which is a solid strategy.A few ideas to consider:Local Networking: Connect with other investors in your area or in Milwaukee who might have deals they can't take on themselves.

The idea was to upgrade the units significantly and raise the rents, then possibly sell once stable.

I am hoping to get a better idea of the value of the land to determine if it makes sense financially to start the foreclosure process (the two notices have been sent).  

A 5 year arm might be a bad idea in this case. 

Hello there community, in the recent days I have been teasing the idea of house hacking if I decide to move in the future  in SLC ( love skiing and the nature).