Stay conservative with your underwriting and act when it makes sense.

Feel free to connect so we stay in contact till then Happy Investing!

Depends on your comfort level and goals.

I was wondering if this will affect me negatively when applying for a job and if I’m better off staying self employed until I find a property and my loan is squared away.

He eats with them, visits, but only stays the night occasionally.

Of course there's always grunt work to be done so you have to be comfortable and aligned on what the trade off of working vs learning is.

I could use some guidance here.I'm looking at a scenario and I'm new, so any ideas or inputs would  be great.I know a guy ready to give his house over to the bank because he is going broke.I'd like to try and buy his house for a great deal and make it a rental and I'm trying to think of the best technique. since Interest rates are high right now, I dont wanna open a new loan and get locked in at a high interest rate on a potentially long loan. so I was thinking about that promissory note idea. where I promise him to pay his loan payment and it stays in his name, assuming he has a better interest rate than what I could get. any ideas on that tactic?

Try going to some local meetsups and build relationships, if you meet someone you feel comfortable with that is a potential partnership.

If you marry and stay with the wrong person, you sabotage your chances almost entirely.The media always highlights colorful outliers among millionaires like movie stars and business tycoons.

Can I somehow stay on as a personal guarantor of the loan but still have the protection of an LLC?