Honestly it depends on several factors.

I’ve seen many properties And made several offers none of which have been accepted.

The no money down thing never made much sense to me and to be honest I have never even tried it although I could probably name several folks that swear by it and to be honest about that as well some have been quite successful but to me if it is not for everyone then it is a no go.

There are several stories out there...

Also, note there are several books in the BP bookstore about private funding/acquiring funding: Brandon Turner's "The Book on Investing In Real Estate with No (and Low) Money Down" Matt Faircloth's new book "Raising Private Capital: Building Your Real Estate Empire Using Other People's Money", Anson Young "Finding and Funding Great Deals: The Hands-On Guide to Acquiring Real Estate in Any Market", there are several more books out there on this topic.

Would this be beneficial for the family regarding estate taxes (FIL is in very good health and not foreseen to have many health issues in the next decide)We welcome your thoughts and ideas on how we can make the most of this situation and arrangement.

It might be worth connecting with a local (CHA) realtor - there are several here on BP - to help you identify a few areas around town that might work for your needs.

However, on Thursday a tornado went overhead (didn't touch down in town) and did severe damage to the property I wanted to put an offer on.

I know several people that do this with a couple houses (usually less than 5) but they do it as a retirement plan type investing.

And hands me a copy of the Portland Metro business journal.Each week they feature the top business in the metro area.. in real estate health high tech you name it.this one was top 30 new construction builders..And there I was Number 24  .. and well DR Horton was number 1.