New to Real Estate investing
Hello everyone!! My name is Larry Chancellor and I am new to real estate investing. My wife and I have started our company with the goal of financial freedom and travel. I have been networking in the Pittsburgh area and spreading the news about my interest to everyone that I come in contact with. I have a co-worker who has recently began to dissolve his real estate business because his partner moved out of state. He has property that he is trying to dump and he is giving us the option to finance the property through his company. My question is, would this be a good way to start acquiring property? The property has tenants occupying them, however the terms he has offered would create a negative income stream for 3 years.