Conventional lenders often prefer the first lien to be cleared.

The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)

@Joseph BaenaRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Enhancing your current property can often give a higher ROI than purchasing a new one.

Plus, you’re often dealing with a lower-quality tenant base, which means more maintenance issues.It’s not for everyone, but if you’re looking for consistent rent and less turnover, it could be worth considering.

Long-Term PerspectiveBe Patient: Real estate investing is often a long-term game.

Yes, there are lenders that offer 10% down on jumbo loans, but it often depends on a few key factors:1.

For working people you often come across self employed 1099 contractors.

There are many particularities to this, and I don't know anything about your business so I can't be much more specific, but what I can say is that more often than not businesses will find they have a narrower, more fertile niche than they imagine once they actually examine the who, the what and the why of the deals they close. 

Hi, sorry just now seeing this,I don't get on here as often as I'd like, I'll send you a note in your box.