One other option that I used to do is look for alternative sources for the down payment or the money that I would ultimately end up leaving in the property (buying with HML or private money and then refinancing) Depending on your personal situation, this can accelerate your growth, but you have to be careful.

If you can suggest an alternative to a realtor who can do all of the above for potentially no money I am all ears!!

HAFA is a program that was rolled out to help create a base of treatments for loans that are alternative to foreclosure.

Still considering several properties/alternatives.

It is indeed an interesting alternative but to too much do not agree

You gave me some good alternatives that I will definitely consider.

What's the alternative track to the path you've taken to get to where you are today (outside of obtaining your RE lic)?

Roy N.In comparing expenses between MFHs and SFHs, you're assuming that the alternative to buying 1 x four-unit is buying 4x SFHs....I don't think this is a valid assumption.

Would this be a viable alternative?

As Bill Gulley knows what he is talking about re: the CFPB and SAFE Act, when you are in the lease option arena of real estate investing, you need 2 things to do it well.One is a licensed mortgage originator "that is not you" to look at the 1003 app and give a professional opinion as to lend-abilty.Two is a Credit Improvement specialist to assist the tenant buyer in improving their FICO score.I like an easy going seller that understands patience with the success of the process to get the loan, and I also look at the coachabilty of the tenant buyer, willing to be coachable as to debt to earnings and paying down debt to get a mortgage.I beleive this is harder than wholesaling in some ways, as you are coaching-teaching sellers and former renters how lease options and mortgage orgination works.But if you are in a RE location where there are not alot of wholesaling opportunities, buying on terms and renting out or selling on lease option is viable alternative, as long as you follow the new rules.See http://www.realtor.org/topics/seller-financing/the-safe-act for SAFE Act Final Rule: Seller Financing and REOs