Now that I am 10 yrs more experianced with REI and investing, I can say without a doubt, diverisification and your personal network are the key to not becoming a tired landlord or being put into a trial by fire to learn the ropes.Steer clear of people who want to invest your money, especially when you are just starting.

Instead of holding on to your loan and facing the risk of interest rate change (since bank receives fixed payment from you for 30 yrs in exchange for lump sum) - they will sell this (to someone who wants to submit a lump sum in now exchange for receiving fixed future payments for 30 years, like an insurance company).The bank is an intermediary between buyers and sellers of assets - they make a cut on the spread and transaction costs.

Learning Notes and the HP 12C calculator, and being devoted to paper investing (VS owning properties) in these next 5 yrs will make alot of REIs money.

The canned speach is invest in equities and over a long period of time(used to be 10 yrs) you will be fine averaging 9-10% returns.

Just to make sure I'm clear on sub2My current deal the seller will sell for 35k 40k repairs needed arv 145Or I can wholesale his loan of 45k at 6.5% for 28 yrs with payment of 280 a mo.Both provide a good opp. for the end buyer because even with the higher price, the financing is already in place?

Even at 10 yrs will have a small positive cash flow of 200$...my question is being my age should I drag out the loan 20 yrs to have a larger cash flow using that money to cover repairs and possibly invest in more properties or pay for it as quick as possible

We bought it in 2014 for $40K, rented it for 4 yrs.

I paid 68k for my duplex 2 yrs ago before I rehabbed it, they paid 76k for theirs 5 yrs ago.

When looking at financing options what I've found is that I can do a single commercial loan which would be a 5 yr balloon amortized over 20 yrs or two residential 30 loans.  

I have owned multifamily for 13 yrs. and having an LLC makes no difference to the bank.