Quote from @Todd Boone: If it is, what kind of investment? 

. :)We definitely want to invest in true vacation rentals as well but this will be a good learning process with not as much risk to start.  

With pulling out your equity (or selling), you can diversify and buy more.I did sell one of my places and used that money to buy two others. 

The two are almost entirely different markets in terms of price points, returns, tenant quality, and overall investing strategy.

I wanted to share my strategy because it's working for us and it's not one that I hear talked about much.  It's boring and takes more capital so it's not as exciting but it has been effective and I feel its something ...

I do well, at least enough to go on vacations as a family, put money into high yield savings accounts, max out the ROTHs and add to investments when I can with money saved in savings and checking accounts.

I know most BP note investors deal in SFR notes exclusively, or at least mostly, and for myself 98% of my note investments are notes secured by commercial properties.  

I would go that route if I was looking to invest!

Your initial terms will vary based on your investment experience, but generally, you want to plan on needing 20% of the purchase price if you're a newer investor and the lender will cover 100% of the rehab.

Hey everyone! I have been looking into what kind of lending options I would be eligible for on properties for BRRRR or flips. I work in acquisitions for wholesale and come across deals sometimes so amazing it hurts me...