Currently,I don't have any experience in RE investing but highly motivated to start it asap.

I am an investor friendly agent as well looking to start my journey in RE investing.

Happy to discuss further if you wish!

But I don’t divert funds into RE because I want a well diversified portfolio that has equities and RE plus cash and other assets.

My idea is to put 20% down on a $1 million property, with the remaining $800,000 paid off over 8–10 years, depending on how much yearly income the seller would want.I’ve seen a lot of discussions about using seller financing for investment properties, but not much when it comes to primary residences.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Recognize in this RE environment it is unlikely to be a get rich quick environment without a full time dedication to value adds.  

We discussed this in an earlier post.Obviously, if loans are being made without any provision in the Operating Agreement, it’s time to get in touch with your State Securities Protection Division - usually a part of the State Attorney General Consumer Protection Agency.

Some great discussion and suggestions. 

I do a meetup in Mesa on Saturday morning's which is a good place to come meet even more RE professionals and investors.You have the experience so now you just need the right strategy to grow the portfolio.