Paying cash protects you from yourself if you have that much capital.

Then you pay back your personal loan with the cash you got from the conventional loan.

You could pay someone ro go over.

All of us professionals are trying to make money off you and those trying to help for free, well #1 their opinions are often worthless leading to #2 you get what you pay for regarding free advice.So, question everything to avoid being sold a load of crap.There's a lot you can do remotely - if you put in the time learning enough to avoid getting taken advantage of and/or build the right team.Your first challenge will be WHAT type of investing you want to do.

However, when you rent out a portion of your home, you need to make sure you're properly dividing any expenses you pay to maintain the home between personal and rental uses.

A lot of owners I manage for were renting below market, thinking it would create happy tenants that stay forever, always pay on time, and never cause problems.

Cross out language like this and replace it with negotiated terms such as automatic forfeitures and releases, penalties for failure to sign, loser pays attorneys fees, etc.

If I buy a place on seller finance and it needs rehab, where do I get the money for that rehab and how do I pay it back?

Let’s say that once your tenants pay you rent you still have about $971 in PITI.

I did not have to pay for any architectural plans.