One option to lessen the work would be to Joint Venture with someone already in the business.Good luck to you!

So I am quite familiar with the fact that things are rarely as easy as they seem and I didn't go into this venture with rose tinted glasses.

thank you the next one in Charleston I will post is our first venture into the historic district were the rules and regs are quite stiff and the homes are museum grade.. you know horse drawn carriages gas light lamps very cool..

If it's any type of construction maybe you can network your way into finding a joint venture with someone who is willing to put up more cash if you are willing to renovate (sweat equity).

You get to those levels from owning super profitable businesses, creating new technology, financing other ventures, etc.

I know an important part of learning any new venture is to be well acquainted with the do's and don'ts so that I don't make a (perhaps costly) mistake!

Hello everyone, so I have an opportunity to do a joint venture for my first deal.

I am nervous and unsure as to how to approach it being that not only is this my first deal venture, but I also am not 100% sure how the seller finance process works legally and through documentation as opposed to a traditional home loan.

Actual Terms of the existing loanActual RE TaxesActual Insurance Costs...so forth and so onI would venture a guess, that it would be challenging to find a rental that could produce this return, in the same time frame. 

A couple of those could produce some cash for solo ventures.