Think of it as free vs pay to play video games.

Most seller finance notes have interest rates in the 9-10%+ range.Also, 5% down is very little skin in the game for the borrower.

It requires some work—you’ll be a landlord after all—but the financial rewards can be significant.If you’re willing to live near your tenants, take on property management tasks, and want to grow your investment portfolio, this strategy could be a game-changer for your financial future.Final ThoughtsHouse hacking with a multifamily property is more than just a way to save on housing costs—it’s a proven method to accelerate your real estate investing journey.

Congrats on getting in the game.

We are late in the game but hopefully we can catch-up leveraging the plethora of knowledge that exists on this platform. 

This is my first property so of course it's harder to keep my head in the game with %100 vacancy. 

The best way I have found to learn is to be in the game. 

If we buy this loan, we need to have a thorough game plan on how we are going to be resolving this and understanding these dynamics is key to managing expectations and protecting investments.Sounds like a deal more for someone that buys partial inheritance estates and spends years piecing it together than a note investor.  

Refinancing game is tricky.

Be in a location that allows short-term residential rentalsIf the residence does not meet the standards for a conditional use, they cannot be waived.Any STR must be owner occupied would be a game stopper for out of state investors.