What key factors influence your decision to partner with a lender for private money in real estate?

Market UpdateFor the second time in as many months, the Federal Reserve is on deck this Wednesday with a decision on whether to cut the Federal Funds Rate.

Good luck with your decision!  

I’d be happy to talk more about the Lawton market and share any insights that might help with your decision!

to your point, if you save up so that you're in a strong financial position, house hack a solid duplex in a decent neighborhood, make smart decisions, and hold it indefinitely, you'll be fine.conversely, if you have $0 and somehow start out with a risky flip, or borrow $20K and spend it all on a magic mentoring program, or buy a terrible property in a neighborhood you've never been to, you may not be fine.

If you try to do it all yourself, the risk is much greater because there are many more opportunities to make a bad decision that can be very costly.  

Hope this helps get you to your best decision!

If you purchase the house, though, why would the former owner have any say in those decisions?

So, you are working through 2 decision makers, not one.A Realtor can really provide you value in a transaction....especially your first one! 

I can sell it at any time for a profit, so I'm hoping to let it run and pay for itself for a while before we make another decision on it.