I do think selling, paying off the debt and use the rest to invest would be a good idea.

Quote from @Jerry Velez: Hi Community,I have been thinking of some creative financing ideas and this one has been intrigued.

A profit-sharing plan tied to retention and income is a great idea.

The idea of LTR in SFR is in my opinion the best place to start. 

Good ideas Becca - my pastor used to say that you can trust someone who walks with a limp.

Hey all my name is Laurence I’m a brand new member of np I  live in Orlando fl I’ve listened to about 100 episodes of the podcast I have zero real estate experience I’m looking to buy my first property to house hack this year I have a decent amount of money in the savings account I could use for a down payment also have a good credit score I don’t have a high monthly income unfortunately but just looking for any advice or tips or friends to bounce ideas off I’m debating which market would be better between the central Florida area or the Tampa area I also would love to get involved in flips at some point 

Good Morning,I recently moved to Maine from working overseas and am enthusiastic about the idea of flipping homes in the area!

Financing might be a challenge.I would recommend consulting with a attorney, loan officer, and CPA to discuss your specific situation and determine the best course of action. 

This would raise our mortgage by ~ $700/month, which is a lot, but still makes our total mortgage payment well below rental on a 4bd, 2 bath.So, my question for the great minds of BP is, is this a good idea?

It uses a simple 4 digit code and tenants love the idea of not having to use keys.