I feel the same way and I'm doing everything I can to get that freedom right now.Be sure to check out The BiggerPockets Ultimate Beginner's Guide Great source of information, I think you'll like it.

I invest there myself :)If you haven't read it already, check out The BiggerPockets Ultimate Beginner's Guide Hope to see you around the site and catch wind of you buying your second property one day (soon!)

Option B: Receive cash-flow and immediately feed it to any notes payable, essentially converting current assets to fixed assets (equity).Both options contribute to the Total Owner's Equity at the end of the day.Cash Pros:Liquidity, especially when you need it.Cash Cons:The dollar historically get's weaker over time.Equity Pros:Real Estate historically get's more valuable over time.

.- When necessary, seek advice from licensed professionals, such as attorneys and financial planners.Even with a lot of book knowledge, you will find actual experience extremely valuable.

Not as valuable as seller financing, but as long as the lender doesn't call it due, I know I can still sell the property later.

Another scenario may occur if the owner makes the decision to sell the property but does not yet have a buyer; the ROFR may obligate him to offer the property first to the Holder.This is valuable consideration (ROFR) and can be purchased by the lessee.It could be a lump sum or a monthly amount on top of the rent.It could be credited against a future sale (discounted sales price).Bill Gulley might want to comment here.

Have you checked out the Ultimate Beginner's Guide yet?

If you haven't read it yet, be sure to check out How to Start Investing In Real Estate at a Young Age and of course - "The Ultimate Beginner's Guide to Real Estate Investing" Seeya around the site!

End goal is to create enough passive income through rentals to live comfortably on.Went Pro even before my first post because I think this is an extremely valuable resource, and $5/month is the LEAST I could do to repay and support what the boys have built here.

We Buy or Lease Houses, Cash Or Terms.Buy this book to get creativehttp://www.amazon.com/Finance-Estate-Place-SquareOne-Guides/dp/0757001351review: Misko's book is not long, but it is not light bedside reading.