The financing is also easier (traditional home loan, no need for construction loan, etc.).

Position yourself with available cash - a credit line, partners, better with rich relatives.there are many ways to create cash flow - controlling real estate using creative financing, pro-active expired, post auctions, pre-auction pre foreclosures - delayed settlements, use of skinny contracts. referral networks, estates, land and lots and making many non-committal offers, violations and housing court.

I first got interested from Reading Rich Dad Poor Dad, it made me realize how wrong my financial views were, especially because I was the type of guy that always tried to consume all the over time I could get!

Now you can choose to be a more forgiving bank but it is a system that more low income people understand and it gives you more eviction rights than offering traditional owners financing.

I heard about this forum from Rich Dad Poor Dad and I'm excited to be here surrounded by you good people.

I finally convinced him to listen to one of my audiobooks (rich dad poor dad) which he did, and he seemed to enjoy it and became intrigued.

-Current tenets do not have the best credit-tenets do not have 20% down payment-If I increased rent to the max $1250 i see them moving I would like to sell to the existing renters to reduce the sales fees and the head ache of having to list and move them out to paint, replace carpet, etc, plus they are really good peopleIm seeing my options as:1: Normal sale...and move them out(realtor said not to many investors in the area are paying $225k for a $1100 a month profit)2: offer to them and hope they can figure out traditional financing 3:?????

The note should be not more than about 70% LTV, I should think, but ask an expert - I'm not one.... or, go the "traditional" financing route and find a lender who will give you part of the value of the property.

There is a great book by Ramit Sethi called "I Will Teach You to Be Rich."

As you accumulate more savings you can convert that to a self-directed Solo 401(k) capable of investing in non-traditional assets.