Or you could write a subject to type deal and offer some of the future appreciation, should that occur.I am a little surprised that the taxes and insurance are not escrowed.

However, I'd need FHA financing and it appears that this duplex is fully occupied and closing is subject to tenant rights.

There is an excellent book on the subject of becoming wealthy without the benefit of a high paying job or inheritance.

After that year, I would exercise my option to buy and purchase the home for the remaining balance.I understand this is all subject to the terms I can negotiate with the seller.I'm looking for any feedback.

When I suggested that she ought to begin by reading up on the subject first, she scoffed "Oh no, I'm too busy for that!"

Then there are those that learn better alone (the BP site is great for them) vs. those that need to learn in a group setting (will get the most benefit from REI clubs, boot camps, and a bona fide subject matter expert, aka gurus).Good listeners can usually identify the basic learning preference of a person fairly easily and quickly:Someone who says "I see what you mean" is probably a visual learner.

Quality of work is subjective .

I'm very new to the subject entirely.

MF is favored out there, plus you're in a prime location (I assume down there), and I'm sure they take into consideration the strength beyond the subject property DSCR...

Dependent upon your current total annual income, marital status, dependent status etc, it might make sense to add a C-corporation in the line up to take advantage of the tax rates first 50k is taxed at 15% and then distributed to yourself you may be looking at a savings if you're over the 33% bracket.