The site is love and hated by some.

He's getting numbers like $80K for a 2Bed 2Bath single family homes, additional $20 for rehab, so total under $100K and rent estimate is around $1000.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Additionally, Irrevocable Trusts usually require that a 3rd party be the Trustee, which means that you will not have a primary role in decision-making as it relates to the Irrevocable Trust.

I believe this situation was handled in a way congruent with BiggerPockets values and ethos - information was discovered, we gave the user in question an opportunity to respond publicly to the allegations, other members of the community chimed in to make comments and ask questions of their own, I made the decision to close the post because I believe many of the top viewpoints were discussed and I didn't want it to turn into shameless trolling with no additional value, that whole thread remains up for community members to view into the future for transparency and anyone who reads it can form their own opinions with the information presented.

I was prepaid 1st 6 months of interest. 8 months have passed and no additional payments have been received.

In that case you would be buying the house subject to that existing mortgage and borrowing an additional $100k?

Welcome to the site.

You might look into some of the real estate crowdfunding sites that allow you to invest only a few hundred dollars into whatever project you like and build up savings in the meantime so that you can take down one of these deals in the future.

I'm in no way affiliated with this company but here's a link that may come in use should you need any additional forms in the future @Morgan McRaehttps://www.firsttuesday.us/in...