I could consider a personal loan for that money as well, which would let me rent out the unit faster but would require larger monthly payments.During the second year of interest only, the unit would be rented (accounting for up to 1 month of vacancy), and I would make $496 that year.At the end of the second year, I would refinance, and if the value of the house appreciated at ~2%, I would owe the seller around $10,000 after the refinance.

I was also planning on trying to pay off the mortgage must faster than what I sign up for.

However I will say that wholesaler by and large have very diluted thinking . when they think they can move faster than a good agent..

And depending on how many homes you need to get title you could consider hiring a company that specializes in getting titles...they will do it faster than you or I ever will.

Hey Cory,I'd keep saving and find more ways/a new way to earn income faster.

Seller financing helps us sell the homes much faster. 

But, there have been times when I pay someone for their knowledge to help me achieve whatever it is I'm doing faster. 

Refinancing after a year or two will allow you to snowball your portfolio much faster and obviously the more leverage you have the faster and riskier your growth will end up being.

That may accelerate faster if I move out of the Bay Area. 

Ideally we wouldn’t buy if it didn’t cash flow in the first place so I’m picking nice round numbers just for simplicity.Loan is 240K 30 yr. fixed at 4.3%Monthly payments are 1,500 Rental income 2,000Cash flow is 500/monthIf we use the cash flow to pay down the mortgage faster we can pay down the mortgage in ~ 17 years and save nearly 80K in interest paid on that loan.