Be kind, be understanding, patient and help the seller leave the deal better than when it started. 

Hello BP Members,I've been listening to Brandon's Rental Property Investing book this weekend where he mentioned these forums.It seems like a great tool, so here I am.I'm a Facility Manager based in Safety Harbor so I have quick access to Tampa, St.

I have learned to be patient through the remodel process, and all good things take time.

Live in flips work well if you’re patient & can take the punches without any cash flow from the property for awhile.

Obviously I want to have positive cash flow, but do I be patient, keep saving for my 3rd property or pay down aggressive and then pull equity to buy the next property?

Be patient and keep your end goal in mind.

TBH, it's a great way to start, and I tend to recommend going as low as possible when working with a new operator.Private lending is the other good route, and I would say that has a slightly higher safety factor.

For example if you were to say we have an emergency foundation issue on a lot of combined townhomes that needs to be resolved immediately due to the safety of the members of our community then sure I can wrap my head around that. 

I consider this loan to be my worst debt as far as dollar amount and interest rate.Details are as followed:$25,727.09 is the payoff:Current interest rate is 7.59%118 payment remaining (was a 15 year loan originally)Monthly payment is $342.54, of that $161.62 goes to interest every month.I have another student loan, but it is federal and will be gone in 4 more years thanks to the student loan forgiveness program for public safety workers.

Would make sure you have some reserves leftover for unexpected expenses and a margin of safety.