I've taken all the major options to consideration such as book keeping, accounting, taxes, payments, maintenance/trouble calls, price of software etc.At this point, I'm looking for the most balanced option that will best help protect myself and my assets.

The current balance as of 8-1-2024 was $406,301.27.

It's a balancing act where we guide our clients as best we can but ultimately they make the final decision.  

If you want to scale in the business, you are either going to need a strong balance sheet partner or consider syndication.Congrats, you've got a great foundation to start fromGino

This is especially true when the lender plans to balance sheet the loan (like many credit unions do).

Balancing speed with quality is key to maximizing profitability.

I would just use their deposit and bill them for the balance.

And then you'll need to work to pay down that HELOC balance... remember these are interest only payment assumptions.Please don't tell anyone this is a good idea!

Or, I can "overpay" and pay 410k to obtain the house sub2 with a 2.5 interest rate, and finance the entire 410k balance, and still only pay $1,620 per month. 

Heres some common structures:5-4-3-2-1 - Stepdown (5%,4%,3%,2%,1%)Flat PPP - 5 year PPP and there is a 5% hit in fees at any point in time within the 60monthsAbbreviated PPP - 6 months of interest payments on 80% of the balance at closing.It's all different... just shop it out and choose a dscr broker who has the knowledge to help you make an educated decision.