While the two paragraphs in question don’t actually use the terms “due” or “sale” it’s been given that name through the years to provide an easy way to explain the verbiage.Normally, if there is a loan attached to the property that loan is paid off when you sell it.

The earlier you start in your RE journey, the better off you will be in the future.

(So there’s plenty left if you have to sell and pay off the loan while providing plenty of funds if the rehab goes over budget.Then you just figure out how much you want to make if anything.

Each unit is rented for $1K (utilities paid by tenant) and property retails at$339K (off market listing).

Hey Joseph - it sounds like you're already off to a great start!

I found an off market 11 unit apartment complex.

There has been a lot of interest since I released the ad but people coming for the showings are hugely turned off by the condition of the unit.

- Duplex- pro's- renter's rent money will pay for half of mortgage, after that is paid off, move to a house, have passive income x2, most living space. con's- biggest down payment, outside the city, risk of terrible renter, locking us down for at least 7-10+ years to at least make it worth it.Overall, I hate wasting money.

With your seed money, starting with multiple units right off the bat could leverage your entry into real estate investment and rapidly scale your portfolio to help you replace your 9-5.

The cellphone carrier will turn off the cell phone service if payment is not made.