don't buy the hype that you don't. 

Flip side, for a third of that you are trained to find properties using creative finance taking over existing low interest loans that cash flow and you are buying in decent neighborhoods with every day lunch box Joes that have kids and go to work and pay rent on time. 

If the other two parties want to flip a house maybe they can do just that as partners and then sell you the house which you can buy with a primary home loan with low down payment.

For someone looking for diversification or steady long-term growth without getting too hands-on, your suggestion of buying and upgrading a rental property in a familiar and appreciating area makes a lot of sense.

Once you do get buy something, be sure to look at a cost segregation study for the property.  

If that’s the case you can buy in the LLC, in your name, or in a new disregarded LLC.

I think having a balanced budget would be ideal where you allocate money into buying another property and money set aside for renovations.

I haven't thought as far ahead as looking at potential areas to buy property.

Refinance with Rate Buy-Down:Pay 2 points ($8,640) to lower the mortgage rate to 6.625%.

Hello,Little background I’ve been buying and selling since for 15 years.