Many of the Canadian clients I work with gravitate towards North Carolina, Texas, with Florida and Arizona being their top choices so I'd looking into those states a bit more which it seems you've already started to do. 

Who ever borrowed you $1.2m will have sent you a 1098 by Jan 31st.

Lots of good choices! 

Note origination where the borrower owns multiple properties with little or no debt, needs a loan for an acquisition, but can’t produce proof of income sufficient to get institutional financing.  

My thought is to structure a deal where we borrow her parents equity from them and pay them in monthly installments once we get the apartments rented.

Method of choice was looking for potential properties online using redfin then when I had run simple numbers I would drive by each property and its neighborhood and if it was worth pursuing, I would schedule to see the property through the selling agent.

One of our borrowers who successfully flips on the South Side (Dobson, Park Forest, etc.) is capitalizing on the abundance of discounted rehab properties (on market and off market via wholesalers and the such), which is a key strategy given rising rates. 

Both Conventional loans and DSCR loans can offer this flexibility, depending on the specific scenario and borrower qualifications.

Hi Sean from Long Island, New York-You are 18 and wonder if you should buy a duplex on Long Island which is an expensive area and likely would negative cashflow for you if you lived in one side--at least at first.You currently are still living at home and wonder if you should leverage your low cost of living to invest in a more affordable market.Obviously, the choice is a personal one, but if you could continue to keep your cost of living low living at home you could buy a cash flowing property in several markets in Michigan or similar areas and the equity would build up quickly.Then, you could use the equity to buy the next rental until you were ready to buy a house on Long Island or your priorities may change and you may decide to live somewhere else or work or school takes you other places.To Your Success!

Hi Kelly,I am currently with Equity Trust not by choice since they bought out Midland Trust last year (2023).