Having the cash means you can balance a higher amount down to make sure you earn the cash flow you want monthly, but also leave some around for more. 

I have one and they're currently at 4%+, no minimum balance, no transfer fees and unlimited transfers, and they pay out interest monthly.

On top of the the borrower most likely owns it outright or has a small balance left on the loan.

Balancing two full-time jobs while planning to invest in real estate shows incredible dedication.

After reviewing the cost to rehab and the area of town, I decided to Wholesale for a quick profit.Sold it on a Real Estate Contract (Owner Financing) with $100k down, the balance is financed at 10% for 13 months, then the loan is called.

I paid both sides of closing costs. 100% seller finance, 5% interest, amortized over 23 years, with a balloon payment of the principle balance due after 30 months.

Home 1- Bought at $166,000Year Bought- 2015Interest Rate: 4.375Remaining balance: $75,000Value- $321,000Home 2-Bought at $197,000Year Bought- 2020Interest rate 3.625Remaining Balance: $163,379.25Value-$283,000Home 3- Bought at $247,000Year Bought: 2022Interest Rate: 4.875Remaining balance: 226,434Value-$325,000   Few things:1.

Total rent between the three is $3200/month.I have an adjustable 20 year mortgage with a balance of $100,000~ at 4.95% that is set to adjust in 2026.I also have a HELOC on that property at $180K~ with a 9.75% rate. 

The first monthly interest installment of xxxxx due on or before April 15, 2024 and continuing in like consecutive monthly interest installments of this amount for a total of one (1) year or twelve (12) payments at which time the entire unpaid balance, including Principal, accrued but unpaid interest, will become due and payable.

I’m a mother, a wife, and I work in healthcare, so balancing everything is tough, but real estate is my passion, and I’m chasing my dreams.