After some strategic renovations, the property not only provided positive cash flow but also appreciated significantly over time.Navigating the purchase of Freddie Mac homes can be a bit complex, but with the right approach and due diligence, they can offer excellent investment opportunities.

We had to evict one and the second didn't pay rent for a year.I switched over to GK Houses which is now Evernest and compared to Zeker, the experience has been quite positive so far.

Quote from @Levi Perl: Hi,Curious if anyone has what to say in terms of how to calculate which one is more worth it: to cash out refi on a Long term rental now at 70% LTV, and walk away with X amount of positive cash AFTER paying all debt, (X is a positive number and significant amount for me), which will allow me to potential get another long term rental and grow portfolio faster, or wait 4 months and cash out 80% LTV, giving me DOUBLE than X. 

Also you would not reduce the price because of the interest payment. that is not how it works.3. yes the note could be sold, but at what type of discount and what if the borrower stopped paying.while there are a lot of posts on seller financing, some estimiate less than 1% of all transaction have seller financing and the ones that do are first position only with an average of 30% down payment - most of these are to people who do not have verifiable income.Thinking you will get conventional financing then seller financing will be uphill battle as the conventional lender most likely will not approve a 2nd mortgage for purchase.not trying to dissuade you, just wanted to provide some key insights so you do not spend 1000 hours chasing something that is impossible to find.

And we're still seeing deals here that are positive cash flowing with lots of potential for appreciation.

If I were in your position, I wouldn't worry until proof of the contrary because you should be ok if the business is running well.

The seller was willing to do a carryback in the second position and the bank was the primary position.

If risks feel too high, consider waiting until your live-in flip is complete and your position is stronger.This post does not create a CPA-Client relationship.

Positive is it’s VERY nice.

Over the summer, we got a “house manager” position at a very elite clients multi-million dollar property.