I financed the acquisition of the land with personal and private money.

However, you can get loans that are based on the performance of the rental and not your personal income and debt.

Personally, I advocate for a long-term investment strategy and would recommend investing the funds, provided you are comfortable with the expected return on investment over time.

Even if you personally have just a modicum of design aesthetic sensibility, after reviewing 20 or 30 properties, you will quickly be able to get a sense of the winners.My 2 cents,Mike

I personally do not touch equity in my own home to incorporate into my business.

This agreement is just like a listing agreement when you go list a home, you are hiring the right person for the job, so this is the same type of contract, but this person is hired to find you the right home. 

My personal opinion: he's not the only one "doing it right" but he's definitely on the very short list of those that are.Just my .02note: I don't participate in his deals.

I am personally very bullish on the Phoenix market.  

Thanks, Jim Rice in person or online?

Tell me - someone selling their home to your son, Subject-To - is this a person who has made good life choices?