Allows a senior to remain in their home, receive monthly payments during their life to supplement SSI and other income, and home is sold at death.

Another item is confirmation from the first position lender they will allow registration of a subordinate lien/mortgage {with many residential bank mortgages here, registering a second, especially w/o their consent, could enable them to call the first}.

I recently finished law school, and would like to use any cashflow from future real estate holdings to supplement my income from my day job as a lawyer.Since I don't have any plans to leave my day job (in energy law and policy), I think the buy-and-hold strategy appeals to me most.

This approach allowed for swift action, enabling a same-day sale for $105,000.

I My ultimate goal is to replace all my income with cash-flowing properties so I can sell my business, work 100% for myself, and focus on personal interests.I am looking for resources and real-world examples for developing a strategy that enables me to become financially free.

I'm also supplementing that with a home warranty.  

My future goal is to supplement my passive income through property management (I manage all my own properties) and short term flips.  

I don't plan on investing until I have made enough income from my job for a downpayment, but at first I plan on using real estate to supplement my income.

And of course the distressed properties are what you will typically be looking for as a rehabber.Finance 90-100% of the purchase and rehab, increasing ROI through greater leverage, and/or enabling multiple deals at once.

This is part of why I chose a lower LTV was to keep positive cash flow while still enabling me to pull out 19k to keep as reserves for the property which has proven especially important with the onset of the COVID-19 pandemic.Doing this project from out of state presented a lot of challenges for me and I relied heavily on the contractors and my PM to provide me with updates, pictures, lots of phone conversations, and a great deal of learning for how to navigate a long-distance rehab.