However, depending on your loan type, if you put less than 20% down, you may have PMI (private mortgage insurance) which will make your monthly payment higher by up to a couple hundred dollars.

My last one was my biggest one which included a 1000 sqft extension to an 1100 sqft single-family house.

I love seeing this as it is one of my biggest frustrations in the investment game. 

Maybe they could do some sort of private reverse mortgage?

Logan if you end up pricing $75K on this one, definitely get in touch with me since a 15% return is very attractive for our private equity fund acquisition. 

The loan can be called, but in the 45 years I have been doing this I can only recall a handful of cases and it usually was Credit Unions or private money lenders.  

Currently, I live in Hawaii, house hacking my own property, and am looking to expand into out-of-state long-term rentals.My goals now are to master the art of wholesaling, continue raising private money, and build a strong portfolio of long-term rentals.

What are the biggest challenges you’re facing right now?

I feel like my best route to getting started is by working with partners or private lenders given my current available capital.

Sounds like your biggest worry is buying something that becomes a hassle.