Grow the money actively until hitting (it may take years of work) a few million dollars mark, and then think about passive investment.

Anthony

Originally posted by Mark H.

There are many variables (options to renew etc) but generally, As the term diminishes the value skews towards property value again...thus the advice to stick to longer term deals and the reason why savvy investors will sell out of term investments as the 5 year remaining mark is hit.

I rented a house there without advertising it before I was done rehabbing it and had 3 cash offers as well, again, no advertising...Cheers,Mark

Some merely double their cost and others mark them up what seems an astronomical amount.Some who sell owner finance work back from the payment amount (using the market rental price) to get the total price.They say buyers are more interested in the monthly payment than the price.

A block may be split with a diagonal line, the top gets a check mark when a function has been achieved, the bottom of the box gets another check when another function is completed.

A partner and I have a property that he is looking at closing on, but we were also looking at wholesaling.We have the property at 8.5k and were marking it up to 13.5k.We have a buyer who can't come up with all the money right now, but has 4.5k to put down, and basically wants to do installment payments.How would we go about structuring this deal to protect us, without doing owner financing per say.

HI Mark Elegeert,You'll want to get some comparable sales (comps) for that subject property.

I would have to agree with Mark as being an assistant or getting that internship as your best chance.In my state without a real estate license you can only manage one property for somebody else and cant get paid any commission off rent or new tenants as that would be practicing real estate without a license.