As @Joe Gore mentioned, you won't be able to do this with any bank that underwrites loans for fannie or freddie, which is *most* banks that offer a 30 year note.One way around this is using commercial loans which will allow you to set up an LLC with an operating agreement that stipulates all of the details of the arrangement.

At its most basic, a bitcoin is virtual currency.

But once you have a great team your business will run, operate and be 100 times more successful than getting any random person off the street.Unfortunately, in this business there are a lot of lazy people who want rewards but do not want to work hard for it.Sorry this was so long but it's been really important in my business.

Now he isn't feeding this thing every month, and he still realizes some principal paydown and depreciation and interest deductions.You take on all the current leases and operating expenses.

According to the article, "the default rates on loans from 2011-2013 are virtually non-existent.

What is the instrument that binds you,such as your operating agreement or partnership agreement or subscription documents say about redemption?

I'd grab that Section 8 tenant ASAP.The deal looks solid.Did you account for at least $150/month (my number) for maintenance, basic operations (lawns and snow) and big ticket repairs?

Hi All.I'm a newbie that is in the stages of buying his first property.What sort of operations work needs to be done?

Our DFW operations are headquartered in Grapevine and any of our staff would also be available any day if you had questions on our company.Either way, be sure to let me know if I can help you in any way either on the BP site or with your investing!

Learn it all, don't go in with a preconceived idea that the material has to be applicable to RE as most won't be initially.It gives a big picture of management concerns in business, you'll probably look at examples from large corporations like GE or Ford and you'll look at small operations.