One way to ensure you stay committed is to engage in the forums, network with local investors, and read books!

Do you plan on making a few long term investments are will you be actively making multiple transactions annually?

., for me, it is unclear if this home by home or for a business with multiple assets.

Much better to get your own financial house in order so you can buy a house in the conventional fashion rather than engage in a lease/option.

GRM is pricing a property based on a multiple of annual gross rents.10 plexes in an area are selling for 10 times gross. 10 units at 750 each 7500pm x 12 mo= $90,000 x 10grm = $900,000 value.

The flip side is that that is a lot of energy and motivation to be picked up from being engaged with a group like this.

Did they cut a check for the whole amount or make multiple payments?

There are a few of ways.For one, you can look for owners that own multiple properties in one area.

No down is enticing, as is multiple units on one loan.

I don't know exactly what he is wanting to do and how engaged he is willing to be but I don't want to take advantage of his offer.