Ricardo,If you need immediate liquidity, selling might be the better option.If you’re interested in long-term wealth building and passive income, renting out the property using a DSCR loan could be a profitable strategy.Regards Joe

I am in the process of settlement on my 1st property in 1 week. i have a 5% down conv loan thru a credit union bank. this a duplex and is a row house. i plan to live in one unit and rent out the other. the seller is also selling the duplex property next to it.

I've been advised by a local investor to look off market and utilize seller financing as I don't have much capital to work with nor the 2 years of employment records needed for a bank loan.

To invest, choose A/B class neighborhoods, target properties within 15-20 minutes of major hospitals, budget for professional cleaning, and consider financing loans or lines of credit.Good luck!

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.

You pay a little more in interest, but the loans typically pay off quickly, and the interest is negligible. 

Want to learn how to use my  A home loan to build wealth 

Using an FHA loan with a 3.5% down payment allows flexibility in budget planning.

With the sellers, we agreed upon a down payment, a purchase price, a monthly payment with no interest, and a 10 year term loan with a balloon payment due at the end.

You could do a loan with him for $150k.