Cut my teeth, crawling under houses that were less than 30k.

This process has been like pulling teeth trying to get people to share information with me how they are buying properties without having to go to sheriff sale.  

Come to find out after pulling teeth, she went ahead and mailed in the late payments on her morgage on monday, this is why she wants to back out of the contract.

In retirement, real estate will be pretty much your only available tax write for what I anticipate to be significant income when you combine ss plus your 401k and other investment streams etc.I look at my businesses as additional cash flow that help to accelerate my rei and do not count on that cash whatsoever to live.

If there is no appreciation whatsoever and you sell for $300,000, you still walk away from closing with $156,000, but that 4.7% annual return doesn't look nearly as appealing for the amount of work and risk.

It was going to be how I cut my teeth flipping a house.

Instead of giving a 60 day notice or evicting I want to have my lawyer write up something myself and the tenant to sign off on that would state that on Jan 31st all items left at property would become mine to do whatever I want to do with it and the lease is terminated without eviction needed since tenant does not live at property whatsoever.

I've cut my teeth already on wholesaling and other creative strategies.

It is worth mentioning that besides my current student loan, I have no credit whatsoever (don't know if this would be an issue when I apply for mortgages).

If you can search the site.. check on Brian Burke  post about his adventures with CA. court house steps.I done quite a bit of this over the years in ORegon.. and cut my teeth on it in Lake Co.