Many investors purchase properties for cash and later cash out via a mortgage on the property to recoup some or all of their original investment.

I too would address security deposits as there is more wear and risks involved with three adults, something extra.These arrangements rarely last, kids trying to save money and I'd help to an extent, just realize they will probably have blow ups, get mad at each other and someone or all will move out in the night.

Where can I find a lender or a partner investor even to fund part or all of this.

Ive only ever dealt with traditional financing or all cash purchases.

RESPA provides that, "No person shall give and no person shall accept any fee, kickback, or thing of value pursuant to any agreement or understanding, oral or otherwise, that business incident to or a part of a real estate settlement service involving a federally related mortgage loan shall be referred to any person." 6 Most loans are "federally related" because that includes not only loans made by federally insured lenders (almost all banks are insured by the FDIC), but also loans intended to be sold to a federal institution such as Freddie Mac or Fannie Mae.This prohibition applies to both licensees and laypersons.

So in a 2x4 wall cavity (which is really only 3.5" these days) you could have an R13 of batt insulation or R21 of closed cell.The second difference is in material cost.

We ended up having to pull the floor and subfloor (to dry the cavity between this unit and the one below) as a result.Formerly, in our student units, the most common call use to be lock-outs ... and always shortly after closing time.

Using any or all of the $1,000 to pay down principal is not a deductible expense.

He's a smart guy and I believe he said he even drives past most or all of the properties he's going to bid on.Even though we'll probably never make this business as big as we once thought, I look at it like this - for the certificates we get at 18%, we're making 24x the amount of interest I can get in my online savings account.If you decide to endeavor - good luck!

Everyone here is incredibly passionate about REI which is very inspiring and makes me really want to make it my career.I have a slew of questions so whether you can answer one, or all, your feedback is going to be very well received and highly appreciated so thank you all in advance.