If you want to commit dollars to one strategy that will be reliable for years to come, I would pay a call center to call lists that you have pulled and skipped.

I believe your loan could get called if you transfer ownership to an LLC without consent of the lender, especially a brand new LLC that does not have two years of tax returns.

I would be apprehensive to use it, however, with people without strong, reliable incomes and wealth.

You might be able to get around the fact your entity owns the property by either transferring the property back into your personal name or by some personal guarantee or cross-collaterization agreement.

Whenever his solar company was about to go bankrupt (because it is a crappy company with bad products and terrible customer service, just ask anyone who ever needed one of their solar leases transferred to a buyer during a home sale or needed warranty work done), he’d launch an “exciting new product that will revolutionize the solar industry”.

Promissory notes are transferred by endorsing the back or a document called an allonge.

I believe it to be a reliable source.Regarding medium rental income per unit.

Those types of properties can bring in good returns, but the management can be intensive, and finding reliable tenants for both residential and commercial spaces might take some work.

If anyone has a good starter spreadsheet or knows of a reliable website for deal analysis, I’d greatly appreciate your recommendations!

Wholesale, foreclosure, and seller financing can work too, but I’ve noticed that careful analysis and having reliable local contacts often deliver the best results over time.So as you two gear up for your first flip, how are you balancing the potential risk with your long-term goal of buying rentals?