I'll say 1000 times, I'm so glad I listened to BP for years before doing this, or the stupid hangups would have me jumping off a cliff.

Are they easy to take off?

He is great with investors and can find deals that cash flow much easier, including some off market stuff.

The lender does charge the flipper 4 points upfront, and the note represents 55% of the property’s ARV, so I’m not too worried about needing to foreclose if it comes to that.The lender uses his own capital for initial funding and then sells off the notes after that.

Then continue to scale - don't try and retire off one deal

Quote from @Charles Masten: Good afternoon BiggerPockets family,I hope everyone’s 2025 is off to a fantastic start!

This burnout led to me selling off my rentals, dissolving my business with family, and having my mother take over managing her own units.

Why pay off a low rate interest.

It might be best to hold off until you hear of other BP members who have experience with them. 

This would likely take coordination with a tenant at some point - (ie - plenty of notice to them that they must vacate in order for you to sell the property)Since your current home is free and clear -  you could do a cash out refi or take out a new mortgage on the new house to be able to buy your paren't house and pay off the mortgage.