Kristine Marie Poe @J ScottAbsolutely no law against selling your own property without a RE license in any state period end of that discussion.. but even an owner seller needs to follow RE law regarding Sellers disclosures lead based paint etc etc.

What a property is listed for nor what someone paid for a property, have anything at all to do with the value of a property.If a property has been sitting on the market for a long period of time, it's usually due to one of the following:Priced to highNo demand Something negative about the property

As far as the loan we are looking at a 5 year balloon with a 15 yr amortization period.

It us amazing that you could get it all done in such a short period of time!

He receives the full amount of the rent for the 2nd unit until he gets back his $10,000 that was loaned to me (over a 1 year period).3.

Do periodic inspections.

@David Kosiorek Did you have an inspection period?

I am writing to get your thoughts on investing close to Turner Field /Peoplestown Atlanta GA.I currently have a SFR under contract (due-dilegence period).

That pesky seasoning period will stop you for a while, whether the original loan is a FHA or traditional.

The rate is competitive over the time period of repayment, yes.Remember, the problem we're supposedly mitigating here is a short-term cash crunch.I stand by my position that this is a decision personal to each investor and that there are valid reasons why an investor might prefer to build equity rather than maximize cash flow.My observation is that those who are chest-thumpers about cash flow being all that matters and leverage being a miracle tend to have certain characteristics.