You will owe monthly payments until you fix the property up, rent it out, and refinance to a more traditional 30 year fixed rate product. 

:(Gehan Homes Ltd. acquired a majority stake in Suncoast Property Management in 2023.  

Originally posted by @Chris Seveney:@Charles RobbinsI would say the ability to get a note and mortgage to acquire a home has helped a lot more people than it has hurt.

There is a 2 family we are in talks with acquiring for 200k.

That’s less about the numbers and more about developing a niche and understanding your product.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Are you still acquiring rental properties?

I work for an investment brokerage that specializes in acquiring and selling great real estate investment opportunities.

The letter with a family photo would be a great product.

I started off with house hacking a duplex in Malden a few years back and have been able to acquire 14 more units since then.