Don’t fall into the trap of being lured by good-looking cash flow numbers—those properties can become money pits.To wrap this up, my advice to clients is simple: Don’t overlook a solid duplex while chasing the dream of a better triplex or quadplex.Good luck! 

For example, a person can go to  a 10 —-13 week school for dental assistant… finish the course get a certificate and have an immediate job making somewhere around 43k plus.. yeah I know it’s not a ton of money, but it’s a good base especially for folks that don’t want to go to college.

Ensure lender approval before bringing the mortgage current, and use escrow or a lien to protect your money.

We found this existing short term rental just needed a few tweaks to help it make more money.

We put back most of the money back into our business, as the cost of living for me is covered by the student rentals.

While I am a lender, I personally use hard money on all of my own investment projects.

If you want to spend the money you can consider triple pane.

Which would be to borrow the money to fund 1-3 residential flips, in order to pay back the loan and then have more capital to then actually build on the land starting early spring of next year. 

So that the wholesaler can make some money.

Or would the sale be considered to have already happened 3.5 years ago, the owner-financing be considered a loan, and only the interest on the loaned-out money be taxable?