Additionally, you were steadfast in exploring solutions to help the borrower.

HOWEVER, I do believe these buildings are unique in that these tenants are tightly knitted and I got the feeling I will be upsetting the entire building if I had to evict one person.

It's more effort to find 3 tenants, but you get a premium for your efforts.If you want to try this, contact me and I can share all of the special stipulations that we have developed over time that seem to be effective to put into the lease to make sure we keep the peace in this unique situation.Another option to consider?

I am finally getting around to really exploring the site.What a great resource.Anyway, I am new to investing and am working on lease options/rent to own and wholesaling in Chicago and the surrounding suburbs.I missed the BP meetup in November and am bummed.

There seems to be a lot of negative folks with regards to the DC market so still trying to explore my options in there before I decide (I live in Northern VA) who to start marketing to.

There were other sellers that I felt weren't, I'll say "on top of it" or unique situations where I wanted more assurance of control.The contractor did about 60 or so homes (he finally got smarter, made enough money to do things on his own) and set up his own operation and branched out as well.Risks, if you don't know what you're doing you can lose, need to do the same assessments as if you bought the house, so there are those issues.The only risk associated with the owner is dying or being unable to continue, that's really only a holding cost or time matter as that can be managed.Never had an owner try to pull out, a few lost interest, but none backed out.

Either I am in a unique situation or people just flat out lie about how easy they were able to get a loan and what their credit situation is.

My circumstances are quite unique and I'd be grateful for any advice.I'm a UK resident currently spending more and more time in the US as my business (not real-estate related) develops over here.

Over the last few years I've explored a lot of ways of making money online from website building, affiliate marketing to trading (stocks,forex).

We're here to support you, so let us know how we can help you as you explore your options in the world of real estate.