Take that deal for a trail run.

There are many of us that are long time repeat clients on both ends of lending and borrowing that have worked with them for years and we are all very satisfied.

However, I had to subordinate the sellers note to 2nd position (hint: set up that language in advance to streamline the process, if that's the direction you're going to go).Since the ARV was high enough, and the potential income would support the mortgage and expenses, it all worked out. 

Happy to take a deeper look.

This is a great place to learn and to connect with people so take advantage of all the great resources.Welcome aboard and best of luck investing!

If you spot a rule-breaker, just tag @moderators, and we’ll take care of it.Again, welcome to the community—happy investing!

So, as you can see by not wasting time on all 100 people who initially reach out I can focus only on those taking further action to show their interest. 

Unless you have discovered some hidden jewel, the traditional second home locations have all turned stale.

If so, they can sell within 2 years and not pay capital gains taxes on the sell of the home.They could take that money and buy multiple rental homes in other areas if they wanted, or use the money to downsize in to a different home while still having money left over.

Along the way, we see so many folks make mistakes that they need to get amended and that can take years to finally recoup all of the money lost from paying to much.