I would like to eventually be able to retire off of rentals we have a ton on money coming in that is all savable as of now due to some lucky cercumstances so I just want the first property we live in to be paid off that way worst case senerio me and my sweetheart can still keep this pace of saving up. really just trying to build a really solid rock if seen some really nice duplexes past 78th in west allis for like 150k.If we end up buying somthing at that price for times sake we probably will just put a massive down payment on it like 100k or somthing.The other think we are thinking of doing is buying a condo cash in German town or tosa then when we save up enough from living frugally sell it use the combined cash to buy a duplex in shore wood or tosa.

For the landlord it is FREE.I am also considering COMBINING this service with a self-supported program. 

Unfortunately I live in the modern day equivalent of the Wild West, and the TAKL service isn't offered in this geographic location. 

It might be worth talking to him or someone like him for advice on this specific situation.In the podcast, he talked in general about loans and qualifications...According to him...The requirements of a sponsor – a net worth equal to or greater than the proposed loan amount, liquidity equal to or greater than 12 months of TNI on the proposed loan and a solid credit score*Minimum credit scores for Fannie (680) and Freddie (650)*Those with zero years of ownership and management experience must bring in a partner or have a third party manager *You and your partner combined must have a net worth greater than the loan amount – even if you’re not going in 50-50 on the property*The “90 for 90 rule” – you need 90 percent physical occupancy for 90 days prior to closingHe also talked about how he likes to play Freddie Mac against Fannie Mae to get a better rate for his clients.Hope this is helpful.All the best!

@Mark S. the numbers I gave are based on a combination of the 4% guaranteed interest and the expected (non-guaranteed) dividend together.

I combine all 5 of them into a commercial refi .

If you have twnety properties in one LLC all of which have a combined $10,000 in equity, then that is all that is at risk.

I had the entire floors sanded, sealed, and multi-coat polyurethane, and that combined with new paint top to bottom (these were concrete, not drywall, walls) sealed the smell, and that was several years ago with no return. 

Once you become a seasoned landlord, by all means, use that verifiable rental income to combine with W2 or 1099 income for qualifying on another loan.

Combine this with the recent years of unpredictable, disappointing stock markets, and you get masses of people realizing they have no control over many of their investments and therefore their life savings.