I'm 27 years old and I own 1 townhome, which I rent out and just recently sold another townhouse to my tenant through a lease to own agreement.

Wholesaling, birddogging, subject to's, lease options, and seller financing are some ways to make money without much starting capital and without taking loans in your name.

List Price $375,0006 unitsGross income 4,700/month (no vacancies)taxes $5400/yearneeds $25,000 roof 4700sqft living space6 off street parking spotsbedrooms, 3,3,2,2,2,1town water and sewergarage in rough shape - vacant4 units are rented currently, 2 units have signed leases, 1 unit is section 8, 2 are vacant.

Unless you are working a short sale or utilizing some type of low equity exit strategy (lease optioning, note carrying, or long term rental) then you should focus your attention on the properties that most likely have equity (old deed dates or low original note amounts).

Does anyone know who buys leases?

I prefer to Lease Option those houses, but you could also sell with a Land Contract, provide actual owner-financing with an AITD (wrap), or sell via subject-to with your Buyer (not recommended).

Wholesaling, birddogging, subject to's, lease options, hard money loans, and owner financing are the main ones I can think of.

My goal for this year is to:By July make $30k from wholesalingBy Oct Invest in 4 rentals and/or lease options ( SFH and multi-plexs ) resulitng in a $3000 cashflow altogether.By November realize that I need to break my notions of making it in this biz, and start looking at the real deals out there!

The property has a tenantthat just signed a lease Let me know.Ophri

With an apartment you know when a lease is coming due and if someone moves out you can fill it or already make arrangements to have someone ready to move in before hand.