Under this scenario, you can only carry forward any losses you generate to future years, but they may only be applied to rental income from that same property.  

I carried contracts on a few but I don’t recommend it.I own several rental Mobile homes, units on their own land.

Hi All,Do you require your lawn service to carry their own insurance?  

Generally the ones with experience and many years of track record are in demand so you have to be ready to go if you want access to off market deals.Trying owner finance, syndicating without a track record, seller carry back in hot markets for MF a broker /agent isn't going to excited about that strategy when there are buyers buying all cash or putting a good down payment and buying themselves.      

I just finished listening to the podcast #288 with Jason and Carrie Harris ("75 Rental Units in Their Early 30s") who started RE investing while in school. 

Jon Holdman Brian Gibbons Michael Carbonare Thanks guys your information is very helpful i applaud you for giving me a bit of you time & knowledge. ill try to learn as much as possible in this strategy..Also are these methods considered Carry back financing or Seller Financing?..

I have a private party to make the loan, and my $30,000 note carries a 6% interest rate within 18 months due date.

As with any sales-type job/profession, you need to generate many leads until you get one to close.With seller financing there are risks carried by both sides and the seller has to be able to financially do this sort of deal. 

(well, we have a way around that seasoning issue no matter what you do but most lenders will not so the plan needs to be get it closed with the 6 months.)OK, so challenging indeed to get it all done in that time frame, so likely best to figure on carrying the HELOC for 12 months when doing my calculations to find out what my offer will be to ultimately find the number for which the deal will work for me. 

Would also love suggestions for lenders that might fund as per door on these units are all around 35K, talking to two local banks already.Owner may carry the note, so that's one possible option.View report*This link comes directly from our calculators, based on information input by the member who posted.