@Scott Isbister @Tony CanevaroLike Scott I do recommend the collaborate real estate meetups as well.

Even so I would not recommend filing bankruptcy.

You state, "your lender" - I admire the loyalty but also would recommend you get a minimum of 3 quotes (at least two from mortgage brokers).

So, things change a bit.If it is his personal home, there are more restrictions.For an investment property, if you take over his financing, read through the deed of trust (mortgage) and see how they handle transfer of ownership.

Highly recommend (I require) collecting first month's rent prior to handing over keys.

Can't believe I've been reading Rich Dad books for years before ever hearing about Bigger Pockets via David Greene books (BRRRR and Long-Distance RE Investing).

@Treza Edwards "I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

Hey @Mike Levene, I'd recommend considering a Margin Loan against your stock portfolio.

Whichever strategy you choose, ensure you're adhering to IRS rules about prohibited transactions and working with experienced professionals to structure deals properly.Regarding non-recourse hard money lenders in San Antonio, I don’t have specific recommendations.

I would recommend talking to many lenders/brokers to see which one has the most experience funding these loan types.