The seller assumes the role of lender while continuing to make payments on the original mortgage.In this arrangement, the originating lending institution can still foreclose on a property if the seller fails to maintain the mortgage.

The idea is for her to be a silent partner, while I take on the more active role of finding deals and managing the properties.I'd love to hear your thoughts and experiences on whether this could be a realistic strategy to get me started in real estate investing while at the same time help her establish a source of retirement income in the next 5-10 years.

Long-term objectives play a crucial role; selling might be preferable if you need funds for other investments, while renting could be beneficial for building equity and generating rental income. 

This can help you understand the potential for growth and profitability in a particular location.Consider Your Investment GoalsYour investment goals should play a key role in your location decision.

I'm now much more astute/aware of the role and what I look for in property management. 

I previously transitioned away from a corporate role so I feel your pain lol. 

Option fee gets applied to the option amount when they exercise the option.

I've been calling sellers for years, along with role playing, and going over objections honing my skills every single day.I'd love to help new wholesalers with any questions or concerns.

She was a master convincer, saying her role and fee was completely permissible, and we trusted it.

If I’m lucky, I can score a remote role and move to an affordable market elsewhere to jumpstart my FI progress, but if not, I can still buy a house with a lower salary in any of these affordable markets around the country!