While the two paragraphs in question don’t actually use the terms “due” or “sale” it’s been given that name through the years to provide an easy way to explain the verbiage.Normally, if there is a loan attached to the property that loan is paid off when you sell it.

The earlier you start in your RE journey, the better off you will be in the future.

(So there’s plenty left if you have to sell and pay off the loan while providing plenty of funds if the rehab goes over budget.Then you just figure out how much you want to make if anything.

Each unit is rented for $1K (utilities paid by tenant) and property retails at$339K (off market listing).

Hey Joseph - it sounds like you're already off to a great start!

I found an off market 11 unit apartment complex.

There has been a lot of interest since I released the ad but people coming for the showings are hugely turned off by the condition of the unit.

- Duplex- pro's- renter's rent money will pay for half of mortgage, after that is paid off, move to a house, have passive income x2, most living space. con's- biggest down payment, outside the city, risk of terrible renter, locking us down for at least 7-10+ years to at least make it worth it.Overall, I hate wasting money.

@Franklyn Douglas III I’ve never done Colorado tax sales but presuming they are like most areas they are not nearly as easy, profitable or risk free as the promoters would have you believe.You will learn a lot just by participating even if in a small way. 

I invested in 3 of their deals (co-promoted by Big V Group): Crossroads South, Spradlin Farms and Southeastern Portfolio...ALL HAVE FALLEN WAY, WAY SHORT OF PROJECTIONS.