And a condo can take longer to sell when you exit compared to a detached home.

And a local resident is usually very helpful.

Seller will be taking a 30k+ loss with this route.325k with 50K down to seller, 3 years of payments $1600/month, and a balloon payment of 215k at the end of 3 years.Benefits to me: (1) 10k less downpayment, (2) with the conventional route, the loan would be at 228k after 3 years of payments, so I will gain additional equity with the 2nd option since I will owe 215k (presumably I will have to refinance at that time).Benefit to seller: she gets over asking price, 50K upfront and $300/month of cash flow.Does this offer and structure sound reasonable?

These are professionals with additional training and a stricter code of ethics.

In 2024 we bought two homes - a duplex rental in Utah and a primary residence in Santa Cruz County, California.

That's a horrendous fallacy and a weak mindset to think that real estate agents are buying the best multis.

There are several 4 plex properties under 1m and a nice 3 plex, fully renovated for 900k.

And this is a biggee wading through the fake lenders or the Joker brokers that tell you what you want to hear  but cant get the deals funded and you lose the deal and a lot of money.3. with actual PML  private people  usually have very limited funds so cant scale with them.. they can have a life event and just stop doing loans all together..

Secondly, calendar and email functions/apps on computers and smartphones provide great records and a log.

These syndication can provide an 8%+ cash-on-cash return - providing investors monthly cash flow - and a 15-20% IRR over the length of the project.