PG's are worthless those that have PGs that are worth anything dont need gap funding they have the cash.this is a play for folks you know well .. not for internet facebook BP etc.. people that do this do it because they know you like you trust you and think your a good operator.Public has to many other choices that are much safer bet.. its not always about ROI with those with money..

And a single or double play is awesome.

@Levi Perl There are definitely a lot of factors at play here, especially considering the time of year.

@Tom HallAt 7% if you can I would pay it down as investing it net after tax gains may not get you the 7% you are paying - so it’s less riskDownside is you lose liquidity of that money as it’s tied in your propertyIf rates come down in future you can refinance and even take some of the cash out.Regarding your question are rates coming down, a lot of factors come into play but right now it does not appear there will be significant changes to rates over next 3-6 months.

As it is when money is at play.

So you really need a downpayment + 15k to be in the game.

Real estate investing is a team sport and at different points in the game different players will play more important roles.

You don't want to play a plumber so that your guests can have water?

Quote from @Torrean Edwards: Quote from @Pat Parrillo: Welcome @Torrean Edwards What are some of your goals with getting back into the Real Estate game?

It's all fun and games until your bank freezes and converts your line for any number of reasons that are in the loan agreement.