Basically paying for your place to live.Nothing is set in stone, do things how you feel they need to happen.

I paid off my last mortgage (residence) in '97 or '98, at the time I owned 16 rentals, free and clear.It gives you tons of flexibility.I strongly disagree with the concept of "tax advantage".

I'd basically be cutting out a huge sector of the buying pool.

My family didn't understand the concept of leverage and the construction industry took a dump.

Thanks again.As for wholesaling, I am not sure if I understand the concept of it.

The concept of lease-option to increase rent is tried and true.However, in your case with a condo...you did the right thing to sell it.Never buy a condo as a rental...the long haul for real estate is appreciation, increased rents and keeping expenses low.Condo dues...no land...all go the other way...Stick with single family homes in working class neighborhoods...Good Luck!

Basically, you need a place to live.You're in Indiana.

Basically when it comes to referral fee's it's just a handshake or verbal agreement on the phone.If you found a buyer for an investor, he should be more than willing to pay you your refferal fee in order to use your services in the future.

Partially because of the lack of punctuation and convention grammar, nobody seems to addressed YSP's basic question which is "who sets the value of these homes?".

There are a good amount of options, for someone who is willing to sign over the deed.If you are planning on doing sub2 deals, you should know all of these concepts, including sandwich leasing.