it's crazy to tie up a million cash to build a duplex. you can leverage that and build so much more units. ohio is one of the cheapest markets in the country to build and I'd pass on this deal if it's a million which I'm assuming it is of cash, with that amount of money you could be the majority partner in a 50+ unit deal with non recourse debt on a HUD 221d4 loan and have more than 50% equity. super low risk, urban core, non suburban deal in Columbus Ohio.

There's a lot of people that say you can just take over the payment of the seller and have them sign a silent DOT, but without approval/knowledge of the underlying bank. 

A cash out refinance is set up on a 30 year mortgage so it offers a lower payment and rate.

I would probably have to return the down payment and option money to the end buyer, and he is probably going to sue me.

Monthly Rent + Monthly Debt Payments <= GROSS Monthly Income * 45%This accounts for some people who have outsized obligations such as car payments, child support, credit cards, student loans etc.

Not only does it allow you to market your properties, but also screens applications and receive rent payments.

I secured a 250k physician loan (no money down) at 7%, which brings payments to 1707/month, and 1887 with insurance and taxes.

If that doesn't work, you can ask the court to establish a payment plan or garnish their wages. 

Notably, short-term rentals are categorized as non-residential properties.

Self-directed IRAs are more popular because they allow investors to invest in a wider range of assets, such as real estate investment funds.Traditionally, brokerages do not allow investors to invest money in non-traditional investment possibilities from a Roth IRA, Traditional IRA, or 401K.