It's a straight forward, realistic and successful strategy.

I've been positing ads on classified sites (especially for Craigslist) for 6 months straight and have gotten very few leads for the time and $ spent.

So to get the timeline straight: you went into contract, cleaned it up, found a buyer, and then discovered the massive title issues which I assume is where the dispute began?

The deal was changed to a straight assignment with no double close needed so we didn't need the documentation.Thanks for volunteering to ask your attorney.

But again, check with a mortgage person and also look at all the documents signed at the first property’s closing.I guess it comes down to, can you say with a straight face when you bought the first property, that you really intended to occupy it for a while as your primary residence and something unexpected came up forcing you to buy the second property, or would a regular person look at the pattern of facts and conclude you never intended to stay in the first property at all, but only as a temporary stop before buying another property and moving out of the first one.In good times, when mortgages get paid, it probably doesn’t matter.

I am about to make you feel uncomfortable by asking straight questions and telling you the things you don’t want to hear.To begin with – you are currently not “financially” free.

Glad to hear everyone (for the most part) is down to help fellow investors.I have rented for 14 straight years.

From straight 8% interest with 20% profit share on top, to simple splits 75/25, 80/20, etc, to preferred returns with splits thereafter.

@Christian Cummings in that price range we would use an in stock big box store counteretop if the design permited an instock installation; I like Menard's countertops best-- an 8' straight high res is just under $120.

., my HELOC has a 10 year draw and then at the end of those 10 years, whatever I owe transitions to a straight 10 year amortization.