new construction gets valued at a way higher premium. this is a false statement. new construction will always beat existing Very market dependent.

When you start, the company may give you a small existing portfolio, but then you'll have to maintain & grow it to make a decent living.You could also work as a leasing agent at an apartment complex.

Keep existing building ($850K appraisal) and build an DADU 2.

Wishing everyone a happy and peaceful holiday season!

It also includes managing your existing investment well to ensure you aren't bleeding money due to bad tenants, excess maintenance, etc. 

Quote from @Jordan Kaylor: I'm new to real estate investing and have secured a HELOC on my existing home.  

There are actually THREE kinds of subject to transactions1- subject to existing mortgage without lender approval2- subject to existing mortgage WITH lender approval3- subject to existing mortgage as part of a seller financed wrap around mortgage.with #1 and #3 it’s in everyone’s interest to utilize a third party servicer, who collects and then distributes payments.  

On the complete team thing. yes it does exist BUT it's VERY rare. 

Additionally, I mentioned that I had sent them a small holiday gift card as a token of appreciation (which I send to all of my tenants) and wished their family a peaceful and warm holiday season.Your insights helped me craft a response that balanced kindness with maintaining boundaries, and I truly appreciate it.

I'll subto his existing mortgage and pay off the 120k.