Currently looking to purchase a long-term rental and have heard of some of the low or no percent down options such as with creative financing.

HI Pinny,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

In my Carolina Beach market you get solid 2/2s for 575,000 that gross $55,000 for example with pretty low HOA fees annually 7000. 

Also they are saying they are not safe.our property is in a low crime area and never had issues.

Yes, you read that right, the American system was designed to best facilitate FAILURE not success. because when there is freedom to FAIL, it comes from consumers ability to choose, choose who is worth it, who isnt, and the poor performers fail and the good performers are rewarded. 

This is what I think I know:- The borrower can choose to pay off the note at any time (by selling the property or just paying off the loan with other funds), so it is important that the legal balance covers my investment and some profit- The borrower could file bankruptcy (can someone confirm that this will only cause delay, but not jeopardize ultimately collecting the legal balance of the note)- Most of these DOTs will have a rent assignment clause, so I could try to enforce that and collect rents from tenants (essentially manage the property) while I am holding the note and trying to foreclose.

Involve the agent you choose to list the property.7) Get the work done.

Looking for everyone’s opinion. I’m getting ready to refinance an apartment building, I just completely renovated, out of the construction loan that’s currently on it. If I refinance, let’s say for 1 million, I would ...

If you're aiming for growth and can secure a low-interest mortgage, financing might be the better play.

Also one with low fees, and preferably not cloud based or revenue share based, any recommendations are greatly appreciated, thank you!