Then, last year after 30 years retirement, writing a 1.4 million dollar check as a downpayment on 154 units, got the juices flowing and some trepidation.

In other words, say that you are a Realtor or mortgage broker, or investor, or you inherited a house that you need to sell or that you are a landlord and want to sell but your buyers cannot get bank financing or whatever situation is real to you.Threats To Private Property RightsHR 4123 poses the following threats to the security of private property rights, and to the stabilization of the housing markets in many communities:1.On its face, this legislation appears to merge individual taxpayers who accept installment payments for their equity with banking institutions, mortgage brokers and originators who sell money for a business.2.When a seller offers to sell their own property to another and accept payment for equity, there is no loan, but rather terms of a sale.3.Banks lend money that the borrower can then spend as they see fit.4.In the current market, if there were no seller financing, there may be no financing at all in many communities.5.Millions of soon-to-be-retirees who have worked a lifetime and prepared for retirement by investing in properties that can be sold in exchange for installment payments providing supplementary income will be negatively impacted by this legislation.

I was thinking of retiring in San Antonio, San Marcos area along the river....great tubbing memories there!

I also have some money in equipment leasing.Still working on positioning myself for retirement.

Very successful and led to early retirement.....

Stressful day for a retired old fart!

.:...local lenders seem are more than willing to keep lending purchase & rehab loans to us guaranteed by our retirement accountsWhere did you get the idea you could use your retirement account as collateral for a loan?

I do not have losses from the 5 multi families i own and am just wondering if I use Schedule C this year then FAFSA (Federal Student Aid) is more likely to consider me a small business and thereby exclude this asset from financial aid calcs, however if i use E as I have in the past they will count it.I have no other assets or retirement accounts.

(retirement) so not as concerned with appreciation play.

I also know you will need to work daily for a while until you are established enough to just let the biz run itself but In all honestly I think buying an established business from a person retiring or such is a good idea and VERY good cash flow?