Newark is always in a gentrification stage and hopefully, someday it will become a reality.

Credit is dinged with unpaid debts, not divorce....In reality I think these Lease Option deals are dangerous.

I could write a book and film a reality show!!!

Time to reach for the skies and make dreams a reality..That being said, NEVER hesitate on an opportunity.

so i now see the rub.  have been researching this "smart leverage" method, aka BRRRR.  makes all the sense in the world until you find out that my local banks have absolutely no appetite for anything beyond 10 year ca...

However, during this conversation I was lead to think that it may be wise to raise the rents on this unit first because in reality they may try to do this with future tenants I try to acquire (i.e. speak out against the property, etc.).

I have begun putting together a team ( private lender, agent, contractor/fix it guy) to make my first deal a reality.

In reality all you need to do is get an additional umbrella insurance policy.Good luck

In reality, they just one of the many arrows you should have in your quiver. 

Although it is sad that this happens, it is the reality of the industry and you knowing this will help you.