When I started REI, BP platform has guided me, and three years after, I already have my own RE investments. 

Hi @Richard Pennington this is how I started and I'd be happy to talk you through it!

I want to start a business and I want to use that money towards it.

I called it 6 months ago, It was starting and now getting worse.

@Amy Lin - If it were me I would have an experienced attorney start the eviction process immediately.They are probably going to hang on as long as they can rent free as they have the closing proceeds.They might care about their credit if they do plan on buying another place, so you might have some leverage there.

It can be worth it to spend a little bit more on those items to limit recurring replacement costs.I hope that’s a helpful starting point.

If the property can be sold with conventional financing I am on the other side of things (and the minority) they seller financing is a bad idea due to the risk and the returns especially when considering tax ramifications The idea behind it would be that I sell using seller financing to continue to cash flow each month at a high effective rate with the amortization schedule and put a balloon after 7 years so that I can collect the full amount once the effective rate in the amortization schedule starts to balance out and not be so lucrative in my favor.I’d love to hear more of your opinion on that idea! 

If you do not own a primary I would suggest buying a primary and getting a 2-4 unit to start off with a multi door cash flow.If you buy a primary you do not need a PML you can get 100% financing under a few programs or a DPA.

I’ve done lots of research regarding REITS as something to get started with.

@Sean Sullivan would start reaching out to more.