Don't rent to friends and family, as a favor, until you have all the information and a clue as to how to run a rental property.

These are areas where you can cash flow in Columbus because the rent-to-price ratio is favorable.

The odds are in your favor.

Nonetheless, what makes this legislation favorable is its creation of a structured framework and accountability within the industry.

Hi Derek,As you mentioned, it wouldn't make much sense for your to be the guarantor if you are not getting any rewards (unless it's for a favor).

Ask if the seller wants to be the bank, explain the savings in cap gains, and then see if you can structure a lower down payment to go direct and then you can pay the price they want if you adjust the principal and interest in your favor.

I understand that as the buyer, the benefit is taking over the seller's mortgage payments which may be more favorable thank taking on a PITI in the current market.What I don't understand is, what is the benefit to the seller?

It's true that those are best case scenarios but probability is in your favor.

While the terms might not be as good, they're not necessarily terrible.I bring this up because we've seen foreign investors pursue the BRRR model, only to find out they can't get a favorable mortgage when it comes time to refinance.

Looks like you'll have options going with a US broker/lender as noted from other's comments for a fixed 30 year but the terms may not be as favorable, especially as a foreign investor.