Yea they would keep that in place and you'd get a second position mortgage for the rest at, well, higher than todays rates.

I personally leverage, but have a large rainy day fund. 

Selling PT is very difficult and as a young student it will be difficult to find much success.

Hi @Brian Teeter, I would love to connect.

The advantage of Reg D over relying on the general exemption is (1) if you comply the SEC can’t come back and say you should have registered and (2) if your sued by a disgruntled investor you have a definitive defense, which means an attorney is unlikely to take an investors case on a contingency basis - unless fraud was committed.  

This property also launched my short-term rental journey, running our first Airbnb before transitioning it to a steady cash-flowing rental, allowing us to scale into bigger projects.

It also gave me the chance to experiment with short-term rentals before transitioning to a long-term hold, reinforcing my strategy for growing a real estate portfolio.

If you know where any more notes are that can be acquired for $.20 on the dollar please let me know and I’ll be interested in those that you do not purchase. :-) back in the day and not a big deal flow.. and all land contracts on bare land.. to put it in perspective. :)

You can learn so much and get paid while doing it by working with someone who is doing what you want to do. 2.

Just saying I have a lot of equity and want to make money with it, is not enough to make prudent decisions.