Bottom line, that's a personal decision for you and your partner based upon your financial positions.

Personally I think it's gonna be a doozy, and I've heard economists and analysts say this time things are different - followed by those same people saying the most terrifying thing you could hear a financial analyst say is "this time things are different".

Recent events have pressed more of a NEED than a WANT- looking to get my brother-in-law into a flip or BRRRR-type property for a few reasons: 1) Get a young single father an alternative living arrangement to current situation 2) Allow him to pay down debt 3) Get him interested in real estate investing for lifelong financial benefit.

For this 1st transaction, you'll learn home shopping, financing options, budgeting, home improvement, ongoing home maintenance and financial budgeting.

@Leo Kwok Good to hear the story and would like to know the financial side of your project, do you pay the purchase and fix all cash or other funding method?

In such a lawsuit, the seller will ask the Court to order you to buy the property at the contract price.

In addition to the financials, you also need local area occpancy rates, local CAP rates, etc.Are they giving you any information (e.g.

We are trying to structure the deal financially based on each members contributions. 

He was advising me that being a landlord was the worst mistake ever, "Their Problem is your problem" and every one is against you including the courts, cops, and etc..

While Arena calls his critics retrograde and implies racism (many of whom probably are), I personally find it understandable on a financial/psychological level that empathy diminishes when an event like that stands to decrease the value of the biggest investment (a home) you're likely to make in your life.