Also, it helps if the deal has good returns, which might be questionable at this point, although I know nothing about the market or the property you are investing in.Bottom line is that if the deal works, I would recommend that you go in with a partner or under someone that has experience doing larger deals and potentially syndications.  

Aloha guys, I am looking at a potential deal that has been on market for over 60 days to BRRRR out-of-state.

It’s also a great strategy for consolidating debt or accessing additional capital for growth.However, be mindful of potential prepayment penalties and how they weigh against long-term savings.

If the husband defaults on the loan, it could affect the household's financial situation, potentially leading to missed payments on other obligations or a decrease in property value, which might influence her credit indirectly.3.

Another concern is the shower in the basement is also very small so I don't know if that would deter potential guests.

I am potentially interested in doing a fix and flip with 100% OPM.

If you do nothing more than post your potential deals here on BP and listen to our feedback, it should be tough to lose more than $30K flipping houses before you learn the business.

I wouldn’t be surprised if it’s  a marketing gimmick to get potential borrowers through the door through  weirdly worded non recourse language that is effectively recourse or by offering such terrible leverage borrowers would rather have the recourse and competitive terms. 

Option A (continue renting) offers stable, inflation-protected income and potential appreciation, but managing the property may impact your retirement comfort.

If you fear making a wrong move, I'd look into your network & see if there are any mentors or investors that you could potentially partner up with on your first deal!