@Timothy Church Thanks for the offer of sharing the report and yes, I would like to see it.  

Im using private money from lady I met through church as 1st position trust deed.

For example, some hard money lenders might balk at funding investment in undeveloped lots, churches, or agricultural land.Choosing a Hard Money Lender is Like Choosing a Business PartnerAn intangible factor in choosing a hard money lender is your comfort level with the lender and the staff that you interact with.

Hello, my name is Lai: I'm a 20 year old motivated to achieve Financial Freedom for me and my family.I've been doing some research and came up with this plan.I will list out all my asset and liabilities that way you can see if there is a better strategy I'm missing or such.IncomesDad - 4,000 a MonthMom - 1,800 A MonthMe - 1,800 A MonthRental #1 - 750 A MonthTotal Income - $8,350 A MonthExpensesPrimary Mortgage - 1,500 A Month (1,000 for Principle and Interest / The rest for Tax and Insurances) (8 of a 10 year left)Whole Life Insurance - 1,000 A Month (About 3 years left on this)Groceries / Essentials - 1,000 A MonthOther Expenses - 1,600 A Month (Internet, Contract Phones, Cell Services, Gas, Gymn Membership, Travels, 10% to Church)Rental's Tax / Insurance - 250 A MonthTotal Expenses - $5,350 A Month8,350 - 5350 = 3,000 Monthly Cash-flowOther InformationPrimary House has 80,000 of the 125,000 in purchase price left in mortgage. (45k Equity if the house for what ever reason doesn't appraise for more)Rental Property - Completely paid off (it was our first primary home that we bought for 65k) (so that's like 65k equity right)Parents Saving - 40,000 (We are all on board to use 100% of our resources)My Saving - 8,000Organization - 20,000 that I'm holding for them (trying to stay away from touching other's money in case the investment fail or some and the organization ask for the money)Life Insurances - (could potentially take out 40,000 from it without having to pay it back, but that would kind of mess the insurance up since we already paid like 50k on it)Now's Come The PlanStarting Cashflow - 3,000 (750 is Passive)Buy 2 Duplexes - Down payment of 40,000Assuming Each Duplexes Produce Min of 400$ a monthCashflow increased to - 3,800Get a HELOC for up to 40k either through the rental property or primary (If I could get more like 60k I would buy 3 instead of 2 which would make it faster)Buy 2 Rentals - DP 40k (using heloc)Cash flow increased to 4,600Pay HELOC off in 9 MonthsBuy 2 rentals - DP 40k (HELOC)Cash flow increased to 5,400Pay HELOC off in 8 monthsBuy 2 rentals - DP 40k (HELOC)Cash flow increased to 6,100Pay HELOC off in 7 monthsBuy 2 rentals - DP 40k (HELOC)Cash flow increased to 6,900Pay HELOC off in 6 months Buy 2 rentals - DP 40k (HELOC)Cash flow increased to 7,700Pay HELOC off in 5 monthsBuy 2 rentals - DP 40k (HELOC)Cash flow increased to 8,500Pay Heloc off in 5 monthsIn 3 and A Half year we would own 14 Rental properties (all 20% payed down) plus the 1 we started with; All cashflowing $6,350 (400 x 14 + 750)Which would be 1,000 monthly Cashflow after if we quit our jobs.Obviously, we could keep going repeating the strategy to create more cashflow or focus on eliminating the mortgage off our homes and rentals.

Those of us that are landlords do this as a business and not as charity.That is what churches and Non Profits are for.

I’m looking to make an offer on a run down former church and it’s being being offered by a wholesaler.

One try reaching out to local support businesses, so recovery centers, church ministries, and everything like that.

. :-) And I suspect that people who are good at going door to door (especially those who learned the technique before in direct sales, non profits, for their church, etc.) are to busy making money, and generally don't want the added 'competition,' but with all the recent posts, there are many other related things to take notice of... and who knows, perhaps someone who converts 2- 5%+ may eventually post their technique(s) here???

She was able to find housing thru local Lahaina church with some roommates for $1200 for a room and private bath in house.

Hit up the local churches and talk to the pastors and preachers. they will give your leads to people who have the money and will pay on time. still, Your going to have to be on top of the property constantly.