Then Ill look for more purchase near my original rental in the DFW area. 65k should get me a modest 3 bedroom 2 bath home (detached garage/port).

I already have a few creative ideas on my pitch to him, but wanted all of your guys input.

Have about $22, 000 in stocks ( 0% return 2011, 30% 2012), one bedroom condo in west rogers park bought at $ 39, 000 (now worth anywhere 30-40) with total net worth of approximately - $ 100, 000.

I am sure that one in a very similar situation could have found some other creative means to obtain the apartment building, still keep the 401k and have best of both worlds.Roth or traditional, a 401k or IRA is Not money in a hole in the backyard, it is a great tool that can be used to grow it using RE as the vehicle.

A lot of investors I come across don't consider the benefits or are simply unaware of some of the best financial planning strategies out there especially when it comes to estate planning and tax implications, working an insurance policy as a creative investment vehicle, leveraging debt, and using things like Charitable Remainder Trusts.

.- Normal sliding closet door in Master Bedroom.- Electric Appliance, only water heater is gas.- Garage is attach to the house, but you have to walk out the side door and get in the house via front door.I could flip or rent, if I rent, I would get 9.5% Cash on Cash return, not including vacancies & repairs.

While he may be able to put a lien against it, I still own the real estate.I'm looking for ideas and creativity.

Well I can tell you are a real estate investor - always looking for the creative angle to get around the law Oops, comply with the law :-)Yes mobile homes are personal property but unfortunately I believe the language of the SAFE act specifically deals with mobile homes.

If you ever want anymore specifics on the area feel free to reach out to me or if you are heading down that way and are looking to rent a nice 3 bedroom condo on clearwater beach let me know.

I had a tenant recently move who was smoking in a bedroom with the door and window shut.