Investment Info:Small multi-family (2-4 units) buy & hold investment.

Amid the chaos of decision-making around buying, selling, renting, or rehabbing, investors often find themselves seeking ways to simplify their operations.

Lots of people complain about the "timeline" risk.Start looking for a replacement property during the marketing process of the property that you are selling.The 45 day ID period only starts on the day you sell your relinquished property.

Passive Investment - Buying and holding performing notes for interest income and or investing in debt fund/partials ownership Active Investment - Buying non performing notes to either modify to reperformimg or foreclose for real estate ownership; “working” the notes in your portfolio; or “creating” high yielding investments through various meansNote BUSINESS - Running a note fund; syndicating notes, buying and selling notes, creating partials, brokering notes, etc. 

what’s the best way to use OPM to buy my first house to rent out?

I am retired and working on career #2 and 2 of 3 of our kids have left for college - our oldest is headed to UConn for her PhD (6 years) and instead of paying to rent, our thoughts are to do a version of a house hack with buying a house/condo and renting out one to two rooms to offset the costs of her rent.

What are some companies that buy these loans?

My brother and I have sent out direct mailers, very generic we buys houses cash with a phone number and a we buy house sign for the picture.

Our current property manager is not cutting the mustard (not enforcing late fees, slow to fill vacancies, etc.) and I would very much like to replace her with someone who will approach our investments with a more business minded attitude. 

What are the disadvantages of buying a 2-story duplex?