If things are tight right now, maybe consider a side hustle or extra job until rent adjustments give you more breathing room.

What we learned: We got lucky that we gained a lot of extra equity soon after we bought the house, which makes these repairs palatable. 

The reality is many lower rate offers have a higher price or are $hit properties, but not all.If you are paying extra for owner financing make sure that the discount rate easily justifies the purchase price.  

This is a passive way of earning with real estate-based security, protection and insurance. 

Where I live for the cost of doing so it is cheaper to buy new multi family 2-4 units and then earn 3X-4X the rents for the same cost.

Purchase price: $15,000 Cash invested: $15,000 Sale price: $5,000Motivated Seller- 3 Lots total: (1) Commercial Building, (2) 1 Bed room Rental houses, plus an extra lot.What made you interested in investing in this type of deal?

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

Chris...The property is paid off...currently sitting empty...with needed minor repairs.Trying to deferr Capital Gains Tax liability until my earned income is lower in retirement.Would this change your mind?

Don’t be surprised if you find yourself downing a few extra coffees while sifting through properties, but hey, that’s part of the journey when you’re aiming for that next-level investment portfolio, right?

Luckily I had extra cash and I will close.