Long term financing ensures solid, residual net-profit income without being a landlord How did you find this deal and how did you negotiate it?

Diving deeper.. check who’s on their team, how they structure their deals, and whether you’re comfortable with how the profit splits work.

Sold at a profit in a bidding war.Lessons learned?

Another loan is a residential transition loan (FKA hard money loan) that you could also use.

More like  2X to 5X the cash out.. these are done with builder developers on their deals So put out 300k get 300k back in profit plus the interest rate. most small builders/ developers need to have a equity partner so you just do both you lend the money and are the equity partner.. pretty clean..

Independent living with assisted living nearby or on site for a transition could work well though!

I own a 3 apartment income property (almost paid off) and I wanted to ask you for some advice regarding acquiring more properties like this. would you suggest selling the income property and use the profits to acquire more properties or keep it and finance any new property with a new loan. what is more appealing to banks?

This deal showcased our streamlined process and Erika's keen market insights, resulting in a swift transaction and a substantial profit.

Once that phase is complete, I’d transition back into long-term holds.As for the cash-out refi, without at least doubling the rent, I’d be in a net-negative position each month, which doesn’t seem like a worthwhile trade-off.On the tenant side, I agree with your point about the business aspect—it’s something I’m working on coming to terms with.

Our prospective numbers point to increasing profits as the deal ages with an eventual infinite ROI once the initial investment is paid off.