This is crucial, in my opinion.

Quote from @Pace Jordan Morby: We have had the due on sale clause called 4 times this month... but knowing your way around it is crucial.

And of course being in a first position loan is ( everything being equal) the safest position if the collateral has been valued correctly..

I'd expect for example, all else equal, for more rent growth in Denver, CO, than Memphis, TN, over the next 20 years, compounding from current rates.

Note:  Not all brokers are equal, so you really have to interview several to find who you're looking for to partner with.3.

Only an investment team can provide the crucial local knowledge you need.Moreover, you'll need various resources to find, validate, inspect, renovate, and manage a property.

Going to depend much more on more details / your personal situation - all things equal you will probably get better rate/terms on conventional if you qualify for both

@Jacques CaspiTo succeed in real estate investing, I’ve found it’s crucial to budget for unexpected expenses, focus on thorough tenant screening, and build strong relationships with contractors.

A “contract to hold” binder payment equal to a month’s rent would also be collected at that time.

You should speak with a CPA and a tax attorney to be safe.Regarding your thoughts about 1/3 equal splits - sounds good until you check out the cost of getting a DSR rehab loan or borrowing hard money.