Hi Andre,Welcome I'm new here also...I specialize in creative financing but I also co invest buying inexpensive homes in the Upper Peninsular of Michigan..reselling holding the first mortgages the ROIs are amazing if intersted give a a shoutBill

Anybody have other creative ways to collect rent payments and get them into the ira other than hiring a property manager?

The key is being creative, is there a big 1 bedroom that would meet code as a 2 bedroom where a condo association could be finessed.

(definitely learned some good stuff though)Day 2 was 3.5 sessions of self promotion, and about 45 minutes of explaining what seller financing was a some basic, creative financing examples.Didn't return for day 3.While I didn't learn everything I wanted to, I am happy I went.

We also bought before the MLS dried up; think I'd have to be mroe creative now.

You should search "creative financing" here on BP.

I do not wholesale, but a lot of people find it a good way to make some cash when they don't have any to invest, and learn the ropes a bit..You can also get creative on your borrowing or lookk at FHA and start a little buy and hold.. good luck!

If you have a negative cash flow before depreciation, then you have a liability for your DTI calculation.For most lenders, this is how rental income is incorporated into DTI.

The plan would be for each of us, maybe 20 members, to contribute a whopping $25/wk for a year or so, and use that money to invest in a MF or possibly self storage.Obviously 25k is not going to buy us much of an apartment complex, but hopefully with some creativity, and the right deal, it could get us started.I'm also thinking that a year from now; I'll have more knowledge, thanks to B.P., more experience, and more deal flow.What do you think?

But, deals can be found, just gotta get creative!