What you seem to be considering is a short term purchase/financing arrangement (lease-option) for long term asset needs (buy-hold) which violates the first golden rule of financing assets, you need a long term financing arrangement to acquire for long term assets.Another point, with rates so low, they will be higher in 3-5 years.

But if you have reserves, those reserves are assets, not expenses.

q=landlord&o=date Is a great reminder of the reasons that we want to carry enough liability for our assets.

Having real, tangible assets makes me feel a whole lot better about the situation than relying on the stock market and a 401(k) to be useful.Speaking of podcasts, after listening to Podcast 14, I want to thank Ben Leybovich for the inspiration to aim high and be more specific and intentional in our business plan.

Going on vacation may be fun, but getting through airport sure isn't.In Ignore Everybody and 39 other keys to creativity 2009 hardback the author talks about "sex and money".

Maybe you will get lucky, own it for the next 21 years, pay it off and actually have a valuable asset.

I have different asset classes in different states so there is a reason I am so spread out.

It has also been extremely disheartening watching it be successful with seniors in particular {just as the telephone scammer targets the elderly, so do many of their online peers}.We are all going to receive more of these unsolicited emails where the author sounds like they know us, or are a friend of a friend.

You could also do a second on another property, or several others.I'd suggest too that you start looking at a blanket mortgage on several properties (with a release fee on each) and begin consolidating the debt to free you up for financing.Creative financing is utilizing the assets you have to leverage a deal within the boundaries of conventional requirements, the rules and regs, not getting wild with schemes. :)

Just have your attorney verify the authorized parties executing for the land trust.