But at the end of the day, the numbers are FAR better doing it than not.And btw, I have the perfect example of what you can do with cashing out your 401.

-I think the only thing holding them back from selling would be that the elderly wife still lives off the rent flow.Isn't this perfect for a potential subject to, or lease to?

Now for how to resolve it.Understand that the underwriter has a checklist and they go down it, in a perfect world everyone fits into the list and then they give their stamp of approval and all is well.

Currently in the process of looking for the perfect location. 

Chicago is basically the perfect mix for this type of study because it's highly desirable areas, densely populated and reasonably affordable (although definitely not cheap).For instance, I would expect New York to be #1 in millennial renters, but prices are just too high for millenials to buy. 

You answered my next question perfectly because after doing a little research I found out the wholesale equation and I realized that the numbers have to add up for the deal to make sense on both ends but as far as staying good with buyers Communication is key..

Did they tell you a note originated illegally can't be enforced, to know that, you need to know how notes are legally originated, doubt that was ever mention, as they probably don't know.Did you learn how a security interest is perfected?

Depending on your and your partners particular circumstances, different arrangements are 'best' (as a side note, I have yet to see the 'perfect' answer, there are always tradeoffs). 

But probably most of all, I think instead of trying to craft the elusive single perfect strategy, it's important (in my opinion) to simply get started one way or the other and take that first step.You're at an exciting stage, and I wish you the best!

I had 3 dogs at the time, and it made perfect sense.