It already sounds like you are going to explain to him the benefits of seller financing.Also I would not expect to get 3k in cash flow from this property especially fully leveraged with down payment.

R.E investing has really been the ONLY thing that has REALLY excited me and I've 100% fully committed to make it work, try explaining that to your school careers adviser!.

For the initial lease signing with a new tenant I will only do it in person so I can explain everything to them and answer any questions they may have.

Thank you for taking the time to explain it to me.

Explain honestly what your intentions are.

It is probably a basic Dwelling Policy, which would explain the lower cost.You would probably benefit from sitting down and talking to a broker, so that you at least know the kind of coverage that is available and the rates for that coverage.

Otherwise, as others have suggested, he hasn't moved out and he should rent an extra month.One thing we do when we first hear someone is moving out is give them a move-out package explaining everything we expect them to do.

Best part was when this realtor showed up with a buyer and he tried to explain to me that it was "illegal for me to try and sell a house I didn't own".

Hi all, Can someone be so kind as to explain to me what and  how does a piggy back loan works?

Would anyone be nice enough to briefly explain the Pro's & Con's or any cavaets to be aware of?