@Ellie Narie, There is no specific requirement to carry the same debt. 

Local investors can offer insightful information about particular neighbourhoods, industry trends, and potential opportunities.It's necessary to carry out in-depth market research, consult with local real estate experts, and get guidance from experienced Phoenix investors before making decisions.

I have researched some other mid term rentals in the area all around 3,000, which will cover my carrying costs. 

Lending to a flipper is much riskier and carries a much higher risk premium than owner-occupied loans, which currently carry a National Average according to unbiased publication Mortgage News Daily, of 7.13%.

The best reasons to carry a mortgage are risk mitigation (less equity in the property means less attractiveness for lawsuits) and opportunity costs (leaving money locked up in a house when it could be earning a better return somewhere else).

When I moved from Italy to Spain, I carried my credit history with me as the two countries have a very tight relationship and very similar systems.

I spoke to him and he's probably willing to carry anything above the $90K, but he does need that amount in cash.I suppose the main strategy would be to go and get a loan from someone willing to sit in 3rd position. 

Wholesaling carries less risk, but will require a lot of effort and funds to scale in most (but not all cases).In my opinion, house hacking is the best way to get started.

If you can prove the lender originated a loan with you and did not have the capital to fund the loan in its entirety, this might be a claim as you are going to experience delays, higher carrying costs etc.

Also, you generally expect carrying costs to increase over time as well.From your description of opt2, you re looking at 10 years...