I have a hard time selling it , and it sits on the Market for months on end, and I end up eating the Bill.I understand that I can Rent it out , but I'm using Private $ , so the Backer will of course won't their$ back + the $ we agree upon once it sells.But if I can't sell it , then i'm stuckAny and all insight , tips and advice is much appreciated

Thanks so much for the tips @Kelli D.!

Buy nice properties, keep them up, and rent to better tenants that care!

Ask them for the sales contract in your state, and how to execute the contract properly - to be signed by the both you and the sellers.The title company and your attorney will take care of the rest.In regards to finding out if he/she is the real owner, you can check the county records for their names to the property.

Banks force NINJA loans through origination process to fill MBS products with subprime debt so the can sell them to hedge funds and investors at a large premiumUnited State consumers/real estate speculators People AKA sheeple see real estate assets increasing 20%+ YOY so like fools they jump into the marketAll of this is the TIP of the iceberg, but you get the idea.

I've listening to podcasts and reading books now I'm ready to take action So any advice or tips definitely welcome!!

rural smaller towns in IN you have to be careful as well  and again you want to buy where you can command 850 to 1200 rents.. buying in these markets and having rents sub 700 is just asking for trouble IE consistent cash flow Also if you want to take the time look at the recent Morris invest thread.. all the top turn key companies chim in on why 40k turn key is not sustainable or advisable.Its one thing for you to BRRR them .. buy doing that your probably into the home at least 10 to 20k less than buying it from a rehabber that did all the work for you... so you can move up in quality both in asset and tenant.

Be careful folks!!!!

Hello We recently bought a home in Round Rock, Tx, 78681, 3200 sq SFH that we are struggling to get rented for 7 weeks now and couldn't find a suitable tenant. We dropped the asking rental price from $2.4k to $2.2k, h...

Take care of getting a used one, hauling the old one away and leaving it as part of the property so you dont have to worry about it for another 10 years hopefully.