In a sense, you get the best of both worlds, the safety and ease of cash when you need it and the growth potential of leverage when it makes sense.

Even in a hyper-inflation scenario the rest of the world would get it far worse than the U.S..

I can say that this site is the best way to find what you need in the real estate world.

However, I know that somewhere out there in the real estate world, there is opportunity to get my foot in the door.

All the preparation in the world could not have made my first deal smooth sailing.

Hey welcome to the world of RE.

Finally, you are correct that 39th & Galena is close to Washington Heights and Martin Dr but the neighborhoods are worlds apart as I'm sure you know That area is no picnic.  

@Joshua MartinBefore we even get started with the numbers, in the commercial world I have never seen a seller carry allowed.  

Alternatively, if you said this was going to be purchased as a primary residence, then rented it out, you won't have been the 1st person in the world to mislead a lender with regards to owner occupancy status, but this strategy has its risks.  

It was surprisingly easy.My major challenge is that I have been managing major rehabs from half-way across the world.