Higher loan balances we would likely see an opportunity in the future to refinance again due to lower rates so consider a 2-3 year prepayment penalty.Of course if you qualify for Conventional Financing (Fannie/Freddie), there are no prepayment penalties so just calculating out the return of investment timeline on point buy downs.Good luck shopping and let me know if you want to talk further!

Many people choose Memphis because the market offers a good balance of cash flow and long-term appreciation.

While at the same time sending their balance to collections. 

The 1st position loan is paid off but has a second position heloc on the home with 50k balance.

A balanced market typically has around 6 months of inventory, so anything lower suggests a seller’s market with limited inventory.🎆 Las Vegas Rings in 2025 with a Bang!"

But, they will be in challenging parts of town where realistically you do not want to own property and your long-run returns will under-perform.I'd encourage you to find a balance of sub-market growth, nearby employment, strong income, and only then a good rent-to-value ratio. 

during the 2000s before the crash we got up to about 3 mil a month in lower balance high profit loans and were between 30 to 40 mil out.. we originated all our own loans.. do not trust brokers all my worst deals came from them.. this took about 12 people..

Your risk vs. reward is way off balance there. 

I believe he just sends his guys in and tells them fix whatever needs fixing and take as much time as you need with no checks or balances. 

typically with seller finance there would be some period of monthly payments and then a balloon where you pay off the balance in full.