Locate a Motivated Seller that will consider Seller Financing.

Be mindful of the harsh winters and short construction seasons, which can affect project timing.

One thing to be mindful of is the cash flow of the property as you get into higher LTVs.

Also keep in mind as time goes on typically your yield will increase because of the rent growth. 

It’s such a great resource for learning and connecting with like-minded investors. where is your property located? 

Like you, I’m diving into books and podcasts, but I also believe there’s immense value in learning alongside others and gaining hands-on experience.I’m in the process of connecting with like-minded individuals to create a community of new investors who are eager to learn, share knowledge, and even collaborate on deals.

---The way my mind is thinking, this should be eliminated by paying off the mortgage with the WLI cash value policy loan.

This is more of a reach goal for me since I am still in my "collect 4 green houses before trading up to a red hotel" stage, but I thought I would ask the hive mind anyways.

Keep in mind you will probably have a deductable to pay first.

I’m still new to real estate, so my knowledge might not be perfect—please be mindful!