But after an exchange - sign the purchase documents with one pen and pick up another pen to sign the refi docs :)Another strategy you could consider is reinvesting into multiple properties, where you purchase the first property cash (ensures some security and concentrates the equity) and the second property with a mortgage.

That’s an incredible deal—congratulations on securing 100% seller financing!

Quote from @Kevin Rodriguez: After numerous unsuccessful attempts to secure a deal to cohost, I’ve decided to adopt a new strategy.

More people see your property, the higher likely hood of securing a tenant in a quick amount of time (all things equal).

The seller was motivated to close fast, allowing us to secure the deal and set the stage for a profitable resale.

Before you know it, the whole portfolio is paid off by age 65-70, and you’ve got financial freedom without relying on Social Security.

I have a clause in the lease that says the security deposit will be held in so and so bank with so and so address and interest rate will be xyz.

I am not looking to make major improvements, but I am looking to enter and secure it.

Wisconson is a mortgage as the security instrument and a note.

HELOANThis takes second position and is a closed end loan, meaning it's given as a lump sum similarly to a "regular" mortgage.