Quote from @Roger D Jones: Quote from @Fred Scott: @Roger D Jones:  Any insights on why the North Carolina purchase in Fund IV makes you nervous?

Purchase price: $2,500 Cash invested: $5,000 Single family House (2 stories), 3 bedrooms, 1 bath. 1100 sq ft. on Corner LotSingle car garage with 16' x 24' lean too.

Its usually called a post-completion or post-purchase mortgage.

Asset sold was mainly transfer of client list and contracts.Does it make sense for me to seek out a note purchaser?

Sell your house, consolidate your personal savings and proceeds from the sale, purchase 2-3 multi-units, living in one of them, OR purchase a primary and 1-2 multis.

Purchase price: $530,000 Cash invested: $100,000 My journey into short-term rentals began after years of investing in long-term properties, but it was a podcast that opened my eyes to the incredible potential returns of STRs.

The best I've seen for STRs is 80LTV on purchase and 75LTV on cash outs. 

There are really great REI opportunities in different markets - markets in the Midwest and Southeast of the country are particularly lucrative - where not only are the purchase prices reasonable for most RE investors, but the homes are turnkey (new builds or completely rehabbed homes, tenant ready, systems 10 years of life remaining on them, property management teams in place) with appreciating home value AND appreciating rent.

I'm looking at monthly cost to seller vs. anticipated rental income, purchase price relevant to the ARV of the area and interest rate, balloon, etc.

I am considering purchasing in Lower Dimond and any of the directly adjacent neighborhoods.