After spending 16,000 he's paying 2850.

They pay rent before the due date, clean the property after every client, and if something breaks they usually repair it before I'm aware because their clients will give them bad ratings.

So she got Airbnb to refund her for almost 3 weeks of the pay that she gave me And she stole a chair from my room that was crazy

I’ve even priced several models from different manufactures and found what I think would be the perfect piece of land to where if I could get the funding my bigger plan was to divide about half the acreage into 8 or 9 parcels which would be enough to pay back the investors/loan and then take the other half of the acreage and place tiny homes around each on their own couple acres.

Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.

That means it takes forever to pay off the mortgage meaning you're paying a mountain of interest. 

I focus almost 100% on my pad ready land cost to come up with profitable deals. 20% of gross development value is the most I will pay for land.

If you did DSCR, 20% down I have a Par rate at 6.375% so you pay broker fee but no points.

@Chinku Chinku how is paying the loan balance down going to help you reach your goals?

Quote from @Sarp Ka: Quote from @Patrick Roberts: Am I understanding this correctly that youre expecting to get a $700k property for $500k because youre paying cash?