Having dual licenses, loan origination and real estate, has got me involved in most parts of the investment transaction.  

The second year we only spent $25,000, and achieved our original goals.  

…When the original poster doesn’t come back to their post and acknowledge the comments that people took the time to write.

Eastern PA.Point was, all those people who are Airbnb only are mostly just uninformed and not open to other better possibilities Originally posted by @Brendan Curley:@Ken Latchers where are your properties located? 

I'm originally from BR and am fairly active there. we see a lot of inventory so also happy to chat offline about this

I was from CT and Boston originally.  

What your deal would ultimately entail is a buyer who trusts you enough to give you $125k and trust you to pay it back while his property is encumbered by both your seller finance note and your original mortgage for $125k.

yes whatever I buy I will be living there as well, guess I should have noted that in my original post.

They remain whatever the original borrower has.When you use typical financing from a lender, you have the lender's hoops to jump through and loan origination fees, the appraisal has to come in at a certain number, oftentimes an inspection or appraisal will kill a deal. 

Closing costs typically range from 2 to 5 percent of the total loan amount, and they include fees for the appraisal, title insurance and origination and underwriting of the loan.”When it comes to closing costs, a trusted lender can guide you through specifics and answer any questions you may have.