Some will say to watch for over leveraging and I can see the risk, at some point equity is needed as a safety net, but to start, gimme gimme gimme.I'm looking for buy and hold opportunities, passive income for retirement in the form of multifamily rentals.

Basically, the owner will sign the deed over to the land trust, and you will be the beneficiary of the trust.

Get all the basics down first then get into the property management portion.

Basic functionality is free, and a few bucks for auto-start and stop once plugged in the car charger, multiple vehicles, multiple trip types (biz, moving...), and reports that are supposedly IRS-proof.I haven't had a chance to test it yet, though.

All liens, claims, etc are paid off and/or protected against, so basically you're getting a house with a perfectly clean title and no liability issues (there is always some risk, but no more with an REO than any other property you might purchase).- Generally, REOs are going to need more renovation than a house you purchase from a retail seller.

Basically, the investor buying a property from us needs to make a guaranteed 8% ROI for example, we pay them quarterly and if we can rent the home out where say we make 11% ROI then not only have we made the sale to the investor but also an additional 3% on top of managing the home.

Early retirees (65-75), high earning pre-retirees (55-65), middle age accumulators (45-55), groups where safety and liquidity have varying degrees of importance.Thanks.

It basically looks like loansharking-as it was explained to me.I think this is way better than what you were thinking about doing with credit cards.

Ive been doing a lot of research last few months but basically very inexperienced.

But look what happens when the rate sold is higher or lower.If the broker sells below market rates, such as 4.25 or 4.0%, the lender is basically saying, "I hope you charged some points up front, because we ain't paying you squat!".