So far, they're continuing to be on top of everything and doing a great job managing a tricky tenant.

Thats why I'm transitioning to fix and flip, where margins have shrunk but still there are ways to make a buck...Continue reading and listening to podcasts and you will see that there are plenty of ways to start in real estate and not all require big down payments.Good luck!

We’re now ready to buy a multifamily but because our rented house will continue to count as debt for two years our DTI is way too high (49% after taking into account the mortgage on a new home).

Thinking about settling on one of the properties, but wanted to know if I should continue searching.Thanks in advance,

Any advise on how to structure a legitimate deal if he continues to pay the note and I provide financing for the rehab?

It was the ultimate investment, and His Noodliness continues to reap the rewards.

Hi, @Daniel Mills.You could but why do not you continue using a conventional loan? 

I continued to push the issue and gathered evidence to support my case.

I think we are going to continue looking for a more optimal deal but will keep our feelers out in the blocks a little closer to Hopkins.

My co-signer's name would be removed from the loan, but I would still continue paying my silent partner $1000/month.