I buy my STR's for fun so that I have cool places I want to go to for my family that pay for themselves and make some money.

How much does it cost to buy down rate per %?

Are you also looking to buy?

My ultimate goal is to live in it until I can buy a second property and then backfill my first property with a tenant.

If they buy something for your property and you pay them back, it’s just like you bought it yourself—so you can count it as an expense in your bookkeeping.If they don’t get reimbursed, then technically it’s a gift/donation, and you can’t deduct it as an expense.

We let them invest in these homes with us by allowing them to buy a % when they collect/earn enough money.

This is my first post on here and excited to share my real estate investing journey with the best partner in the world, my wife.. we are looking into buying our first investment property via hard money.

Buying mixed use means you want to feel confident in the future demand for both residential and commercial space in that area.

The seller offered financing with 20% down, which I used to buy the place.After starting construction and realizing it was going to cost more than expected, I approached a small local bank that knew the property and would offer the rehab financing. 

Why can't they sell it for double the price Scott pays to buy them?