Let’s connect and exchange ideas!

I’ve been diving into the idea of investing in midterm rentals in Portsmouth, VA, and surrounding areas like New Port at Victory, Cavalier Manor, and Waterview.

I like the idea of the wrap mortgage and the capital that it can make available.

Do you think that’s a good idea?

I like the idea of a newer 4plex but they just don’t exist in my market.

Eric,, I think why people go for the fund model is the idea that they are spreading their money into multiple notes being held by the company.. while in theory this is great but as you noted you don't really have any security compared to being the beneficiary of the debt instrument IE debt is in your name. 

Any other ideas?

I appreciate you're thoughtfulness and I will continue monitoring this thread to see if any other good ideas come up that we can all use. 

So I wonder if I can sell my home in Idaho, purchase the new one under my personal name, then how many months or years must pass before I can setup an LLC as the owner of my primary residence, or if you think that will be a good idea? 

This is a cool idea.