The rental property was acquired with $35K down at $350K, with 22 years left on the mortgage.

What exactly is a hard money loan and how is it acquired?  

In other words, if I can acquire a prime freeway access property (190k daily traffic count) and build for less than acquiring a facility ($25 to $28sqft), with competition all over my 3 to 5 mile radius, although there are multiple new housing developments and apartments going up ->-> would you even consider it?

@Demitri Blanco, like most markets, sourcing and acquiring a cash-flow or break-even turnkey LTR or small multifamily property in metro Atlanta will be tricky unless you intend to put down 30%—40%.

I own 1 and I'm about to acquire my 2nd. 

Raw land is often going to be someone who had excess capital to acquire the land and then at some point determined the taxes were worth more than the resale potential.

These properties are my children's college education, I acquired them in 2005, only 1 loan no 2nd, never refinanced since purchased, but I am in a dire situation, any advice on where I can get the help I need to save these 2 houses, they both have equity... 

Hey Everyone!First post here on BP, but have been following for some time. Here's my storyIm 25, and I bought my first property last year in Vermont with the intention to repair and rent. This was done while living in...

The BRRRR method focuses on acquiring properties at a significant discount, allowing for renovations that increase its value.

Umbrella is number one.As I acquired more rentals, I thought I should add in another level of protection - an LLC.