If there is no lien on the property you can structure a purchase money mortgage and take title...the biggest obstacle for you will be dealing with the real estate agents...they usually get lost in what's happening...but it's essentially the same as any other transaction they have closed....just make that clear. a. contract b. title work c. due diligence d. close1.

The most confusing part is that they always try to sell a "value-add" property to you at a price for an already renovated and stabilized property, essentially asking you to pay for things that haven't happened yet.

Through the book he essentially describes picking your battles know what you want and are willing to struggle for. 

It's crazy to me how individuals will look at the "sticker price" of a listing and just essentially quit after running the numbers once. 

She is 73, has no money, I made her retire (not educated in modern world, skills aren't useful, works more detrimental than what its worth), and I essentially turned this house over to her to live her life in.

We found a house we like as rental property.We could make an offer using conventional financing or should we wait to use HELOC and then refinance, essentially using the BRRR method.If we waited and did the BRRR method, we could have a profit producing asset (about $170/month) without having any of our own money in the game after the refinance.If we proceed now we would have to use conventional financing which we would have to use our cash for down payment and rehab costs.

I assume a pre-approval is essentially what a seller wants to see in terms of "proof of funds"?

Essentially, the portion of the property’s income considered UDFI is based on the percentage of rental income derived from debt.For example, Property A is purchased for $100,000.

But essentially I'll be Closing on the house twice.

Not Providing Essential AmenitiesMost guests won't ever notice whether or not you have toiletries, soap, towels, etc.