Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties. We are trying to not use our retirement funds. Are there any strategies...

Your personal loan has a 5 year balloon period.  

Quote from @Stuart Udis: @Robert Ellis Location Location Location...There is limited land supply in markets with high demand and high barriers of entry.

From what I can see around here it is a landlord friendly state so when you turn your prop into a rental you should do well as long as the numbers are good.Acquisition is all about entry price.

The lower barrier to entry would be excellent for my personally smaller net worth.

Generally speaking, I think tech like this stuff and social media have lowered the barrier to entry, allowing people to take risks they dont fully understand, whether wholesaling. flipping, lending, etc.

After entry, save receipts and back up in a file for that year. 

I use a spreadsheet I developed to determine my entry costs, carrying costs, cash flow, tax write offs, appreciation and exit costs.

While Berlin may offer high rental yields, smaller cities may provide more affordable entry points with long-term growth potential.

We already paid them a pretty sizeable entry fee ($30k) to cover some of their equity and debt in another project.