If this is the case, would the original seller financing have to mention that the buyer (me) can re-sell the property at any time? 

For a $100,000 loan, we would have to charge 2 points ($2,000) for originating the loan.

Now, I’m ready and eager to meet new people and make the most of this incredible community.A little about me: I’m originally from Tulsa, OK, but relocated to Austin, TX, four years ago.

A deal this small wouldn’t make sense as a partnership unless the original intent was to scale and grow together assuming this deal works out.In regard to the financing, if you can’t get it on your own without someone else’s balance sheet and income then it would be very difficult to untangle that partnership since he’d be a personal guarantor right along side you.  

Not a book but Robuilt series on YouTube by Rob Abasolo and AirDNA Podcast are great.

April is the only real low month.It's a funky place -- essentially a 5 room motel (originally built 1959) with a manager's unit (built 1984) tacked onto it. 

The factors to consider are your overall objectives, your credit score, DTI and personal financial condition I recommend you find a broker or originator whom you can trust and have them weigh your options.

I would like to purchase another property so I looked into a heloc and a cash out refinance and it looks like I would qualify for about 75000 max which would be enough to put a down payment on another property and rehab it, but I still haven’t paid myself back from the original property rehab.

Permitted or not, you want 100% assurance the property is within building code standards for the year it was built, and for any upgrades/ changes - the years those upgrades were made; ie GFICs in wet areas currently, but not required in original construction back in 1950 when they didn't exist.sorry for not replying earlier, I'm rarely on this platformbest of luck on the project

Yes this is possible.Go check with your original lender on the first property if you had one.