I've got my 22 year old nephew working with me (he's a college senior) and I'm going to help him buy his first small multi-family soon.

I was easy as I knew which deal had each amount of money accounted for.Also, I secured $225,000 interest only with my local bank, Citizen Bank in Corvallis, Or, on my non owner occupied 4 plex near OSU.

Reit.Is it a REIT specializing in senior living/health care? 

In one of your articles, it states:"Ineligible Properties: The following properties cannot be acquired with non-recourse financing: Residential with large acreage, raw land, farms, rural properties, manufactured or log homes, non-warrantable condos, Condo Hotels, Co-ops, Time Shares, hotels, senior or assisted living facilities, non-franchise restaurants, entertainment properties, ministorage, and commercial property."

Hi NA BeardAs discussed here already, buying at the steep discount is the key so you have a lot of latitude on your exit strategy weather it be re performance or foreclosure from a senior position note.

So reality will hit sooner or later...I am currently hiring a part time junior level financial analyst until end of year, and let me tell you, I got over 20 resumes ranging from new college grad to senior level people with 20+ experience...

It’s a troubling time for many citizens when we work so hard to get a chance at the American dream and boom a person dies!!

He most likely should not hold it personally. typically it is advise a Non Resident Alien of the US to hold RE in a C-corp, this is a terrible idea for a US citizen.

@David Dachtera @Rick Harmon Thank you for the correction - - senioritis - - a moment when the synapses just don't connect :sigh:

Hello, I am renovating two buildings in new jersey and building a senior complex in NJ also, that is with my partner.Separately i want to buy a rental income property in the range of 400k-1mill ideally in a middle to lower-middle income neighborhood.