All Forum Posts by: Ty Coutts

Hi Brian,

It sounds like you’re weighing some great options! Both Raleigh and Greensboro have their advantages, but with your experience in Greensboro and proximity to Cone Hospital, MTR (mid-term rentals) could be a strong option, especially for traveling nurses or medical professionals. This strategy could give you steady cash flow while avoiding some of the volatility that can come with Airbnb. As for Raleigh, if you’ve already seen the success of Airbnb-ing rooms there, it’s worth exploring further, as it’s a growing market with plenty of demand.

For alternative strategies in Greensboro, look into renting by the room, especially for professionals or students. If you decide to go the Airbnb route in either city, be sure to check local regulations around short-term rentals to avoid any surprises. If you have any questions, feel free to DM me.

Hi Tre,

Great to hear you're getting valuable feedback! For affordable and upcoming markets in Massachusetts, look at cities like Worcester, Springfield, and Fitchburg. These areas have more affordable properties compared to Boston and are showing signs of growth, especially with infrastructure and job opportunities increasing. Research local economic trends, rental demand, and any recent or upcoming developments in the area. For a 203k loan, you’ll want to target areas that have properties needing work but also a strong potential for appreciation after rehab. Consider working with local agents familiar with these markets to identify the best opportunities. If you have any more questions, I'd be happy to go through more so feel free to DM me.

Hey Carlos,

Both Spokane and Tucson have their pros and cons for house hacking. Spokane’s tenant-friendly laws could present challenges, but its lower home prices compared to other markets might provide more affordable entry points. On the other hand, Tucson’s landlord-friendly environment could make property management easier, especially with your familiarity with the area. Ultimately, it depends on your comfort level with the local regulations and market dynamics. Consider the property prices, potential for appreciation, and long-term rental demand in both areas. Since you’re pre-approved, weigh the costs, risks, and rewards of each market before making a decision. I'd be happy to walk through any more questions so feel free to DM me.

It's great that you're starting young and thinking about creative financing—that's key when capital is limited. To find a multi-family in Kansas City, start by networking with local wholesalers, real estate agents, and investors who understand the market. Look for off-market deals, seller financing opportunities, or even house hacking a small multi-family with an FHA loan (3.5% down) if you plan to live in one unit.

For creative financing, explore seller financing, subject-to deals, and lease options. Keep learning, build relationships, and take action—this can absolutely change your family’s trajectory!

Hi Henry,

I'm a licensed loan officer in Georgia, if you need help with anything up that alley, let me know! 

Hi Joesph,

It's awesome that you took the leap into fix-and-flips and already have your first deal hitting the market soon—huge milestone! Plus, becoming an agent gives you a big edge in finding deals and networking. Since you're in West Palm Beach, you're in a strong market for both flips and rentals. Definitely look into local meetups, REI groups, and BP networking events to connect with like-minded investors. If anyone in South Florida wants to link up, hit Joe up! Wishing you success on your first flip and beyond!

Hi Kevin,

I'm a licensed loan officer in the state of Florida, if you'd like to schedule a quick call, DM or email me!

Hi Alev,

It’s awesome that you jumped into a 4-plex in Carson City as your first deal, especially out of state. That takes courage! It sounds like you’re on the right track, refining your strategy and preparing for your next move. Since you’re focused on buy & hold multiplexes, consider networking with local investors, refining your underwriting skills, and researching markets with strong cash flow and appreciation potential. With one deal under your belt, financing may also be easier this time. Keep learning, stay patient, and take calculated action—your mini empire is in the making!

Yes, you can seller-finance the property with a wraparound mortgage (also called an all-inclusive trust deed). This allows you to keep your existing 2.5% mortgage while financing the buyer at 6%. The buyer makes payments to you, and you continue paying your original lender, profiting off the interest rate spread.

However, this does come with risks, mainly the due-on-sale clause, which allows the lender to call the loan due upon transfer. Some sellers mitigate this by structuring a land contract (contract for deed) instead.

Hi Wynn,

Your best option is a "subject-to" or wraparound mortgage if your seller is open to it. While his loan isn't assumable, you could structure a deal where you take over payments while giving him equity in a seller-financed second note. This keeps his 3% rate intact while allowing you to buy the home. However, there’s a due-on-sale clause risk, so proceed carefully.

A lease option (rent-to-own) could also work if you need time to qualify for a mortgage later. If he's willing, contract for deed (installment sale) might be another seller-financing route.