Land at bottom of man made lake (literally underwater)4.

A lender is the middle man who will sell your loan to the big banks and in most cases charge you points and higher fee's to support the branch and loan officers commissions.

@Fumi Maher both can work well but you'll find one may be more attractive to you personally.I've done all duplex househacks and incorporated MTR and STR when it made sense.

There is Fb groups with the meet ups like the worcester, MA simplified REI meetup group. good luck man man and reach out with any questions.

-Ray (see above) is the man and can get you hooked up with great rates and low-fees!

Is it a wrap note, where your seller-carryback note incorporated the first position note and the buyer pays you in full every month, and then you pay the first position lender?

I've used to it myself to analyze all of the 35 units I bought over the last few years and personally talked to 100's of other investors who've analyzed and closed on great deals using it.I'd love for you to actually try it and would be happy to receive and incorporate any feedback you have into future releases.

Congrats, man!

Unless you have a clause in the purchase of the entity that clearly makes you responsible for the entity from the day that you buy it(Indemnification) I wouldn't bother with the LLC.Good luck man. all the best!

What changes did others incorporate into their leases that were influenced by this years tenant interactions?