Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.

It is easy for people to download fake W2s, ESA paperwork, etc, with a few mouse clicks and a credit card. 

It's a very sustainable and resilient structure.As to the balloon, my attorney has told me that balloons after 60 months and done through an RMLO are fine under Dodd Frank.

@Robert QuirozI had purchased a number of duplexes and triplexes through the years.

If you really want to dig deep, pretend to be a renter and schedule a walk-through.

I’m currently going through the process of getting a HELOC and feel confident we’d be able to fund a purchase using that but using PML has ultimately been a goal of mine and would like to incorporate it into one of these purchases if possible. 

You can find us online.Current Ideas: Video Series on Passive Investing in MHC, Tax Benefits of MHC, Investing through 401k etc. 

We cannot wait to help more people build generational wealth through real estate this year!!

New tenant must go through complete vetting, sign the lease, pay security deposit and rent, and move in, prior to the referring tenant getting their $100.

I have been able to find them best through posting rentals on facebook groups near the universities.