This will be helpful for hosts who have already set up their payments with Alachua County.Despite the oversupply, I still feel there are plenty of opportunities in Gainesville, both for STRs and LTRs.If you’re a current or aspiring real estate investor in Gainesville, feel free to share your thoughts, opinions, and stories.

To me, having one mortgage payment for 2 - 4 houses (basically) always seemed interesting and like something that would give me more bang for my buck. 

Most lenders I work with would lend you 70%-75% of the value of the property, but only so much that your NOI/profit is 20%-25% of the monthly loan payment.

Terms such as interest rates and payment schedules are typically negotiable.Combining creative financing with seller financing can include strategies like:Subject-to and Seller Financing: Taking over the seller's mortgage and financing the equity portion through the seller.Lease Option: Renting with an option to buy while negotiating seller financing for part of the purchase.Wraparound Mortgage: Keeping the seller's existing loan while they finance a new loan that includes the balance.To proceed, consider connecting with experienced investors, understanding local legal implications, and attending networking events to gather insights.

Payments $492 (interest, tax, insurance) currently owe $51K.

Unlike investing in random properties, their methodical approach ensures that each investment is strategically placed for the best potential.

Also go through a servicing company for payments to the seller, escrow can probably help you out with a recommendation for that. 

Your payment requirement would rule you out for us. 

Here’s a chart showing what percentage of an American’s average mortgage payment goes to taxes and insurance:Rising taxes and insurance premiums make real estate even less affordable for buyers already facing higher home prices and mortgage rates that rose ~150% in less than two years.

If you aren't paying cash and are doing owner occupancy you may be able to use FHA instead of Conventional with a higher down payment.