I'm new to real estate investing and I plan on using lease options to buy/sell my properties. I plan on working with a mortgage broker to help pre-qualify my tenant buyers on a 2 year term. There are a lot of military...

I'm new to real estate investing and I plan on using lease options to buy/sell my properties. I plan on working with a mortgage broker to help pre-qualify my tenant buyers on a 2 year term. There are a lot of military...

While a lot of people on this thread have provided several great suggestions, I would hesitate to add something to the mix because advice such as "investing in index funds periodically overtime" may be a good idea, or it may not be, but in a vacuum it's hard to say. 

Hello Bigger Pockets!I am a real estate agent who also works a full-time day job. Looking for my next investment property, I found something very intriguing. By intriguing, I mean a complicated puzzle filled with pote...

Family, money, and real estate don't mix at the beginner level and someone or everyone is going to end up upset.

having a lender in the mix would complicate the scheme as presumably title would discover that the bogus warranty or quitclaim deed was not recorded concurrently with a reconveyance from the "seller's" lender. 

@Mat O'Grady - Great advice on the taxes, I hadnt thought about that piece@Michael Doherty  Financing would be a mix of my own money, private money and hard money lender. 

You can even mix-up the offer with some amount of cash upfront if they do need a portion of cash for some purpose.

It's nice to finally be jumping in the mix!

I may be using them as a property manager but I am not comfortable mixing business and friendship at this stage.Thanks in advance!