( keep buyers from wasting money on DD i suspect)3.

Another reason to not like a PM is that there is no incentive for them to save you money.

If I had to guess I would say your money could “develop” 1-2 houses in Staten Island but in the right market you could easily get up to 12 or possibly more good units fully paid for.

Buy a house using your parents' money, then manage it for them while living there.

I agree with @Becca F. that hard money rates scare me.

It may surprise you, but we have always operated under the premise that renewals make us more money than new leases.

Purchase price: $187,000 Cash invested: $15,000 Sale price: $259,000 I got tired of moving place to place and worrying about finding roommate, security deposits and not having enough money to deal with maintaining someone elses home.

I heard Brandon talking about how he uses private money, rehabs, refinances, and then transfers the title to his LLC.

Generally, the coverage of the policy will state; “The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured after acquisition of the Title by an Insured or after conveyance by an Insured, but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title.”

By purchasing this property, I now have very little money, but I still want to invest.