Most of our Members are baffled, typically saying: "How could they allow one of THEIR Tenants to be even ONE month behind?"

When you leave, a duplex will typically generate more cash flow as a long term rental than a single family home.

Typical equity build up time is 5 years, depending on your market.But can you purchase another rental using your own capital?

Typically a tax foreclosure is first position lien.

> Many, basically get taken advantage of by those in the industry that have an incentive to keep newbies blind to new realties, just to keep their good times rolling.If someone poses an inquiry on this forum, I provide my honest opinion (which it typically that the investment is unlikely to provide a return that justifies the effort & risk).  

Typically, structures are grandfathered under old codes and zoning in which case it would be called compliant, but non-conforming. 

It is typically lower than cash-on-cash and you can put it somewhere around 6% conservatively.

We typically do 4-5 years interest only while paying down the principle balances over time.

Terms such as interest rates and payment schedules are typically negotiable.Combining creative financing with seller financing can include strategies like:Subject-to and Seller Financing: Taking over the seller's mortgage and financing the equity portion through the seller.Lease Option: Renting with an option to buy while negotiating seller financing for part of the purchase.Wraparound Mortgage: Keeping the seller's existing loan while they finance a new loan that includes the balance.To proceed, consider connecting with experienced investors, understanding local legal implications, and attending networking events to gather insights.

These properties typically turn over once a year as they are mostly student rentals.