Quote from @John Winters: Greetings BP ~I am hoping to receive some feedback on the financial feasibility of this plan and/or some tips to improve it. 

A HELOC offers flexibility and lower interest rates, which can be ideal if you’re looking for short-term financing with lower payments during construction.

If anyone has tips or suggestions, I am more than open.For better or worse, I am taking a leap.

I plan to offer owner financing to others that can't get a loan.

We will be moving but I like to owner finance what is left on the mortgage at a higher interest rate because I do not need to pay it off to qualify for our next home. 

My 2 cents but I would rather buy it and put $60k and finance the $240k at 7% than $175k at 4.25% and have to deal with a wrap etc. 

@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.

Hey BP,I’m relatively new to the industry with about 1.5 years of experience, but I’ve already learned that automating common tasks is a huge game-changer for efficiency. So far, I’ve worked on automating things like ...

To thrive in real estate investing, you must maintain a firm grip on your finances.

Oregon is a prime region for seller and creative financing on real estate transactions.