Knowing the location will help tailor the advice or strategy to that area’s dynamics.

Plus, with the seller covering a large portion of the buy-down cost, it reduces your immediate expense, making this a very attractive option.If you're uncertain about how long you’ll hold the property or foresee needing to refinance soon, keeping the 7.75% rate might make more sense, as you'll avoid the upfront cost entirely.Would love to know more about your timeline and goals for this property to give more tailored advice!

Because the app is highly customizable, spreadsheets can be tailored to your specific needs.How to get it: Tiller can be accessed with any web browser.Cost: A free 30-day trial is offered.

I have Proper insurance, tailored to short term rentals. 

I would definitely tailor the worksheet for your own calculations; for example, I added a "capex" percentage to the sheet as part of  expenses I want to account for.

When I first started years ago, I utilized owner finance and other techniques which most sellers would say no to if they didn’t meet me in person and see who they were working with.  

That isn’t “investing” or any “technique” it’s gambling.

Customize Your Lease for Room RentalsEven though you’ve got the BP lease agreement, I’d recommend tailoring it to fit your specific room rental situation.

Make the home licensable and tailored to residential assisted living, and then lease it at a higher than market rate to an operator who will run their own business out of your home.

I learned almost all of my techniques for DD studying those memos.