Can you afford to work with those who don't have the depth of experience, the network, the structure, and the commitment to keep you out of trouble?

@Maya S.In representing both lenders and borrowers, I’ve seen some solutions other than tenant signing an extension prior to closing.

You say she can barely afford your rent but now she’s paying that rent and presumably rent at another place she’s staying?  

I started investing locally and have kept expanding after moving out of state, so I’ve got experience navigating the challenges that come with investing from a distance too.Detroit has its challenges but also some of the best potential for cash flow combined with affordable entry points.

About time! This will create some more movement, has been holding up quite a bit of growth. Good to see the city make some practical decisions. 

But I am especially risk-averse about some things, and I couldn’t afford to NOT do a 1031 exchange.)

This ongoing relationship can be invaluable for investors looking to scale their operations and build a successful real estate portfolio.In conclusion, a good private money broker acts as a vital partner for real estate investors, providing tailored financing solutions, expert guidance, and ongoing support.

Quote from @Carlos Ptriawan: Quote from @Scott Trench:The solution isn't to not passively invest.

Basically you can afford -3500/month which equates to ~$500k if no rental income.  

I'm looking to start off in areas with lower costs coming in, preferably under $100k single families but definitely under $200k.These markets are particularly appealing for novice investors, especially those from California, as they offer more affordable options compared to local alternatives.