one I can specifically recall was the seller went and told the credit union she sold the property promptly got a letter from said credit union they were calling the loan.. the others don't recall specifics.agreed properly collateralized investors this is a good tool... like guns or pitt bulls in the wrong hands its a disaster.. and when people teach this its usually because the buyer does not have the money to buy any other way and looks at it as low down way to get into the deals and they have no credit to borrow money.. for well collateralized companies like yourself or us.. its great tool.. for seller highly risky in states that allow deficiency judgements.. would like to think the buyer will just deed it over but that's not been my expeirnce.my experience with these going badwere gurus teaching sandwhich lease options on sub too.. in our state that requires a full foreclosure to cure.. now you have a lessee int he house who is not paying.. you have your middle man who ran out of money can afford to forclose or make payments.. you have the seller usually figure it out when they are getting late notices and their credit is trashed..

@Jim K. 

Hi @Mike Cumbie and @Matt K.!

Thank you @Terrell Garren and @Jim K.!

The information I got is mostly from: www.newmexicoregisteredagent.comNow following that thought, as the RE investment funds held in my LLC will be most likely be LLCs with properties in multiple states, when they file K-1s in various states, is my LLC required to file in those states as well? 

Dear all,I have a rental unit which is 100% owned by me (no loan against it) and is worth 140 k.

I heard about a house hack a couple was doing in North Aurora whereby they were renting the 1st floor and going to live in the basement after putting a few K into it to get it ready.

Originally posted by @Jim K.

Buy a multi unit that has cash flowing or maybe more than one with the 650 k In two years you can sell those and buy differently with your credit or you could cash out the equity in them and use that for the down payment once you have better credit. 

Remodeled and  pricier units (in this complex) also sit on MLS for months, as far as I can see.  1.5 k is not exactly for low income tenants.However, there is a fair market value in older properties and two years ago it was higher than what i can get now, based on my experience.