I am also a lender, with Chase Bank, but want to expand my knowledge on hard money and private financing options.

I am also interested in the MTR and LTR market as an option.

Here’s a quick breakdown of our financials:Operational expenses (excluding mortgage): $33k (Jan-Dec 2024)Annual mortgage payments: $58kTotal needed to break even: $91k+Income earned this year: $80kClearly, we need to bridge a gap of about $11k just to cover our expenses, and I’m exploring options to increase profitability.

So it really just comes down to figuring out what solution works for a given market, but it's yet another great thing about real estate: having options!

MTR may be a better option if not wanting to LTR. 

Will ask lenders bout prepayment penalties and refinancing options as well.Alex

I’ll continue to explore a couple other options in the meantime. 

Sources of investment propertys and yhield based upon a buy and hold strategy,I hope you can help me.Wow,Its been a while since I have been back home haha2+ years now lolIts too expensive IMO and many folks are buying high and hoping to sell higher.Hoping a property will go up in value is not a strategy.

While flips don’t usually qualify for 1031 exchanges, holding a property as a rental first might open this option.

I look forward to your response and the opportunity to discuss potential options that align with your organization's leasing policies."