Cross-Collateralization – A lender may finance the full $160,000 purchase by using your existing properties as additional security, lowering their risk and possibly reducing your down payment. 5.

Should I go through with taking ownership of the property and try to salvage it for profit or do I refrain from even involving myself in the situation as it may cost more than it's worth to save it?

Roth IRA's are one investment tool but they are not that aggressive, real estate is a lot more aggressive but it also comes with more risk than a Roth.

Ultimately it would boil down to your personal risk tolerance.

There are some people that get lucky and earn cash quickly, but they generally hide the fact that it was pure luck or how much work was involved.

If you're a wholesaler, dont risk your deposit, and don't waste our time (unless you have a sweet off market deal!)

And also, know everything about operating real estate, if you really want to know the risks: business plan, financing structures, ability to execute, market research to vet their underwriting assumptions, how fees can influence investment decisions...3.

There is still some paperwork involved but significantly less than traditional lending institutions.  

(the seller side) This is for those involved or interested in becoming involved in creative finance, especially SubTo.

Hosts can get involved by either donating a portion of rents from their payouts or they can offer housing at a discounted rate.