I overheard a realtor saying the guidelines are getting very tight on this method, I'm wanting to see if it's still possible to do.I'm purchasing a home for 13k putting 7k in it, I see the homes in the area are selling for 64k, and my mentor has 2 on the street that appraised for $67,000.

But I'm open to learning other methods, too: flipping & wholesales, short sales, etc.I look forward to learning from all of you and then hopefully putting that knowledge to work.

You could get the tenant buyer to pay higher than market rent, but it could be structured as rent and an extra option payment.

It helps, but there's are other methods to find leads.

I'd like a little advice on how to structure the second (long term) partnership and what everyone thinks of the plan, in general.

Our first call will be to talk about how to structure our format.

The house is fairly clean with no major structural issues.

I assume you can't structure your trading income as a salary with a bonus relative to profit with the person providing the capital (and maybe a forfeiture of salary if you don't make anything..)?

I usually have that age vintage in the 8's or 9's.They have and incredible amount of operating expenses with vacancy.28 units managing from afar does not allow proper structure in place for a full time manager and maintenance person.They have at about 61% but if other capex or problems are coming that cap could go to a 6 etc.I do not know that are so if it is in an amazing area and sitting on a bunch of land the dirt might make up for it.

Something that would give me an idea of how to structure these deals?