Unconventional Strategies - Wraps, LPO, Rent to Buy, Vendors Term, JV, options

Advantages:

• Very little or no money down
• Positive cash flow
• Instant equity on entry and/or exit
• You can combine other property strategies

Disadvantages:

• It is necessary to think hard and work hard
• You have to spend more time learning
• Difficulty in managing investor, vendor, real estate agent and tenant/purchaser
• You need to be very entrepreneurial
• Extra legal and accounting expenses