This is my situation: I've been recruiting for the National Guard for 7 years, I don't plan on leaving that position unless I can replace it's income (80K Gross).

For my goals and position I've settled on local multifamily as working for me.

Great thread, I am in the same position since I work OCONUS and my company pays for my housing.

I have to admit, when I hear the word "Guru" - the first thoughts that come to mind generally aren't positive either.This got me to thinking, what exactly makes someone a "Guru"?

He may rethink his position, especially if the home needs work.

Ask your lender their thoughts and position of tax liens on collateral.

I found what my buyer needed most was help with a down payment (and documentation to show their lender that they had made consistant payments which positively influenced their credit score).

Now you're in a position to successfully invest their money and get the bank loans to buy even bigger properties.Now, recall I wrote that these investors are equity investors.

I think once that has been completed, I am back in the position of having options as to my potential exit strategies.

(you have 20k in equity from downpayment and it is generating positive cash so he could just wait until the positive cash is enough to pay you the other 6k).That is like me asking you to put down the 20k and get the property up and running.