If so, how do you reassure sellers and make them comfortable with carrying a note for someone they don't know?

There was a lot of feedback from the realtors and clients that the payment for the house and the quality of the area weren't very much in tune, so the end buyer wasn't very comfortable with it.

Are you comfortable with that number?

This is something I was always going to do - especially for my first deal - to be comfortable with spending the majority of my savings on this.By the way, I can understand why people flee to Portugal - lovely place. ;)

I'm not a traveler, currently live in Idaho heading to St Louis, so I'm investing in myself and pushing myself to grow, getting out of my comfort zone.

Otherwise it will have to be an investment property loan with about a 20-25% downpayment.The trade off with less capital is you have to be more uncomfortable with your living situation while a higher down payment loan product gets you a more comfortable living situation.

This would also allow you to move out eventually and keep the favorable loan terms then keep the property as a passive income asset.If you could find a value- add situation and are comfortable with renovations then you could also increase rents and equity simultaneously.

It made it super easy for us because he already knew exactly what pictures to take, how to make sellers feel comfortable (if he was going to an occupied home), things to look out for, etc.Unless a seller has grossly misrepresented the condition of the property, we very rarely have to renegotiate after we "inspect" the property.

@Justin Mays It will depend on your comfort level and where you're at financially if you're ready to buy land to flip.

Also, check the amenities available, that will run the HOA dues too.Location-wise, check whatever will be easier to rent in the long run.Also, depending on how you're comfortable with sharing your apartment, 2 bed could be a great house-hack.