Great question im a newbie and was kind of wondering the same thing as for me i live in houston with a start up cap of about 25k and homes here are through the roof.

i think the case is settled now but jeez, i couldn't imagine going to that kind of trouble over anyone.

Are you looking to find out what kind of career would best prepare you for real estate investing?

What kind of property was it?

Actually, "fixer-upper" is kind of a gentle term for the condition this house was in.

If you sell a property on a seller financed note, what kind of value can you realistically receive for that note if you sell it?

What kind of investment is the easiest to get financing for?

They are also willing to carry a note maybe enough for the down payment and a bit of fix up money but only short term.My credit situation kind of stinks I’ve always paid cash for everything and I have only limited credit and two outstanding bills leave me with a 604 credit score, not good.

Although I feel confident that we are on the same page and can work any problem out, I still want to protect myself (and him) in case something should happen.What kind of agreement should we draw up, and where can I find a sample agreement of this kind?

Only time will tell whether it was wise to purchase a Condotel Suite in the United States for this kind of entry level price, with optimism about profits from condotel operations -- where buyers rent their units for a share of the rental revenue.