Look around you, 80% of your classmates are tenants.You probably signed your first lease, Wrote your first security deposit check.Fought with your landlord, or most likely got yelled at by them.But I digress If you are on school take a finance, accounting, marketing.

Keep the government (and your family) happy by staying out of trouble and making sure that you're not holding the home as security in the "financing".

We would provide short-term no- or low-interest loans for the acquisition of SFRs, secured by the home.

There are probably hundreds of how to books but nothing beats real life knowledge and live advice you can get right here.First option which is the best option in my opinion is to keep 100% of the ownership and equity, keep the investor in a lender position, secured with a note and deed of trust which pays investor set interest rate (I typically pay 10%-12%) and you keep all profits.Option 2 would be to give an equity share where lender gets paid interest plus has some % of the equity.

And still further, if you have a good paying day job, you may already be hitting the limit for social security tax.

What do you do if you inherit a month-to-month tenant with no security deposit?

Some stick to regoions.My note investors purchasing guidelines required the transaction to be commercial and the note secured by commercial property. 95% of the note investors I know of will NOT do residential simultaneous closings because of respa concerns and rightfully so (min of 3 mo seasoning.)

The deed is worded as follows:John Doe hereby grants to:XYZ and 123, his wife as joint tenants as to an undivided 1/2 interest and ABC and 345, his wife, as joint tenants to to an undivided 1/2 interest in the following described property.That's the language of the old deed before ABC & 345 formed an LLC with their daughter.

At closing it is treated as a purchase as the warranty deed is granted.

A quick cheat-sheet:RESPA (Real Estate Settlement Procedures Act) Only affects loans secured by 1-4 family residences, BUT you have to know the purpose.1-4 family residence loan for consumer purposes - covered by RESPA1-4 family residence loan for non-consumer purposes - not coveredTILA (Truth in Lending Act) (the good-old APR)Again you HAVE to know the purpose.