I'm beginning to look at homes for my first investment property and have a few questions..I've liked 2 of the properties that I've looked at so far.. one is a duplex that could produce about ~1300ish in rental income and costs 120k and the other is a quadplex that could bring in 2300 and costs 154k(rental estimates are if all the units were rented..

Most likely it was family and they would have had to produce some type of identification.

He said this was the best way to produce cash flow.

Theoretically you could structure these types of investments via crowd funding as debt or equity, but most income-producing assets can find relatively inexpensive bank debt so that is more economically for the debt and sponsors look to the "crowd" for the equity piece.

Even if the buyer wanted the 70% of ARV which would be 45k that would produce enough for her and a nice little fee for me.I'll update the post as I get more details.

A dash is one thing, Indian foods too much for me.That's why my lease included producing offensive or dangerous odors that caused reasonable complaints or health concerns. :)

We might clarify that as at the time of origination that could produce a non-compliant loan using the street rate of a Fannie ARM and not the index rate.

I couldn't care less what my 401k or IRA is worth in 35 years because I plan to have plenty of income producing investments that will allow me to keep up my desired lifestyle into perpetuity.If you're perfectly content with your day job and don't want to have REI as your main livelihood in the not too distant future, then contributing to IRA and 401k is certainly a more stable approach.

Top Producer, closed over $14M in 2013.

I recently obtained my P&C (property & casualty) Insurance Producers license, and will forge ahead with writing insurance policies for commercial business owners.