Being a 20 year mortgage expert and real estate investment veteran, we used our mortgage company to secure below market financing.

If the applicant comes from the pool of people that I or my tenants know, I use real estate as a way to give back as many of my tenants will not qualify credit wise or may even have a criminal background or would struggle for another reason if I were to just stick to the "background/credit check" criteria. 

I bought 6 unit property in Wildwood,NJ,in November 2024, doing rehab now,  should be done by May 2025I am planning to subdivide 6 unit building to 6 separate condos and sell fall 2026, , if there are any experts in 1031 that can help me?!

But many people need to consider if they are financially ready for it or not.

There isn't really a lot of people looking to rent a 3500sqft house and that may translate in longer vacancies.

Definitely will talk to people in my office.

With over 20 years of experience as a mortgage expert and real estate investment veteran, we leverage our mortgage company to secure below-market financing for our clients, ensuring maximum value and profitability.

One other thing that people in their 60s can consider is - if you are planning on taking Social Security and making passive income part of what you live on, rental income may not count as income against your Social Security benefits.

This is a real estate group so I’d assume a lot of people own a lot of real estate.

I personally HATE maintenance, so i find jazzy ways to "trade" that with tenant.