From what I've been researching and reading on BP, in this seller's market, the best deals are made with no financial contingency since it's more attractive to the seller.

He changed his mind an was not on board with the house hacking idea, and has no ambition towards financial independence and would be perfectly happy drowning in debt living the “American dream”.

He changed his mind an was not on board with the house hacking idea, and has no ambition towards financial independence and would be perfectly happy drowning in debt living the “American dream”.

This TK investing being sold on BP is about to leave a lot of people with serious financial issues.Real Estate is full time job not a hobby.

I would assume that most everyone here is at least familiar with Scott Trench's Set for Life, but if not, simply put it is broken into three different phases of achieving financial freedom.

If anyone knows the Virginia market, this property is located in Petersburg, VA in case that influences your feedback.I have negotiated subject to and owner financing to purchase the deal using the following structure: I will pay $8k in cash I will take over the existing $59k mortgage payments (28 years left) of $506.70/mo PITI paymentsThe owner will wrap the remaining $8k into a second 15 year mortgage of principal only payments of $44.44/moTotal monthly payment $550/moThe Deed of Trust will transfer to me at closingI will sell the property via Owner Financing to a tenant buyer using the following structure: Purchase price $85kPay $10k downI will finance the remaining $75k for 10 years at 10% interestMonthly payments of $1000/moBuyer may cash out anytime after the first 5 yearsTenant buyer covers repair costsDeed of Trust transfers when tenant buyer cashes property outBasically this strategy is a way to get all my money invested out of the property and avoid typical rental property expenses to keep all of the cashflow.

But it is going to depend on the circumstances of the deal and your financial picture.Try James Dix at Amerifirst Home Mortgage.

I have built out my own real estate financial model, that I have let other investors vet and use on their own deals.

Hi, my parents are in a financial crisis.

My focus is primarily aimed towards families who are struggling financially, single parents, and members of our military.