The Hamptons is one of the most desirable real estate markets in the U.S., known for its upscale appeal and strong demand for vacation homes.Properties in the Hamptons attract affluent buyers and renters, offering a high potential for appreciation and steady rental income.he property may have been undervalued due to its condition, presenting an opportunity to add value through targeted renovations.

Sadly, it seems that cash flow on long term rentals with 20% down just does not exist in most desirable locations.

If you have no desire to actively pursue other investments where you make more than a 2.8% return, then by all means pay it off faster.TYFYS and best of luck!

Higher interest rates are keeping some buyers out of the market so properties are sometimes sitting for longer or not getting the desired price. 

Leave the less desirable ones as a backup to contact if this prospect does not work out.

Theoretically, I should be able to collect the funds from the deal, should my family member decide to go through with the deal.

This gets me free shipping if I don't want to go to the store.This was very helpful getting TP during COVID when everyone was out of stock.

The Hamptons is one of the most desirable real estate markets in the U.S., known for its upscale appeal and strong demand for vacation homes.Properties in the Hamptons attract affluent buyers and renters, offering a high potential for appreciation and steady rental income.he property may have been undervalued due to its condition, presenting an opportunity to add value through targeted renovations.

In that case, would it be a traditional 15-20% down payment be my only way to go? 

I have had my eye on 5-20 unit multifamily for a while, as I see it much more controllable and predictable way to go about a real estate deal.