The strong local market and collaboration with Carlton, who provided valuable insights, also made it an attractive opportunity.

The strong local market and collaboration with Carlton, who provided valuable insights, also made it an attractive opportunity.

Hi, thank you for your podcasts and the information you provide, it has really inspired me.

Partnering with Rodney Lomax, who provided valuable local insights, ensured a smooth process, making this deal a strategic choice for Partner Driven.

If you have enough funds in an IRA the alternative would be to establish a self-directed IRA, and have the IRA buy the property subject to existing financing (if your sister is willing to do that), you personally can't assume the mortgage b/c you are not allowed to provide a personal guarantee for IRA-owned property and have the IRA pay your sister for the equity.

The HELOC would likely be more efficient for securing the acquisition as it would be considered 'cash.' 

My hesitation is that I don't want a phase 1 that turns up nothing to lull us into a false sense of security.

Hi Geoffrey, there is a tiny chance they will agree to postpone but you need to contact the lender immediately (bank in this case) and provide the evidence that you are a serious buyer (this can include a signed purchase agreement and proof of funds).

They provide great insight every episode

Waive app fee and Security Deposits and you're sure to get a tenant, just don't freak out when they trash your property.Another S8 challenge for landlords is fewer & fewer voucher holders have 100% of their rent paid by S8.