My current preference is the first option as I’d like to minimize our oversight, but any perspectives on this matter?

Focus on understanding financing options like FHA, conventional, or creative strategies, and practice analyzing deals to build confidence.

It helps estimate ARV, rehab costs, and potential returns and offers funding options.

He is versed in all things REI and was even a guest speaker at the local REI meet-up a month or so ago about all the different options he can offer.

@Louis Hamilton,If a HELOC doesn’t work, you might consider these options:1.

Or if they would prefer a lease option? 

What's better for heating gas or electric? Building a cabin in a tourist destination that does not have easy access to gas or electric.So I will need to run electric line anyway and considering installing underground ...

It's important to communicate with your lender as soon as possible to discuss your options.

Self-education and finding a mentor or partner to learn from are much better options.

I have a property I'm considering seller financing with a wrap mortgage to a buyer, I'm currently refinancing the home and have the option to not escrow the taxes and insurance, which lowers the payment about 700/ month on the 1st position mortgage, BUT would escrow the T&I on the wrap mortgage. has anyone structured it that way what would be the pros and cons to structuring it this way?