The rental income ideally should cover your expenses, such as the mortgage, taxes, and maintenance, while also leaving you with positive cash flow.Refinance: After the property is stabilized and generating income, you refinance it with a traditional mortgage.

We also give full 2.5 weeks off during the holidays because family and Christmas traditions are important to them.

When do you prefer using private money over traditional bank loans for real estate?

For buyers, down payments range from 20-30% and adjustable rates are generally about 75-100 basis points higher than a traditional mortgage (no fixed available).http://www.vacation-finance.com/index.htmhttp://www.dotcomdesignstudio.com/gallery/patrickmorrissey/fractionalfinancing.htmhttp://www.firstfractionalfunding.com/

A bunch of recent college grads moving to NYC or San Francisco or Austin don’t constitute a trend, they’re merely continuing a tradition that started years ago.  

These sellers are trying to bypass the traditional real estate process, making these properties off-market opportunities.

Let’s discuss the hidden costs and potential pitfalls of traditional financing methods that many investors overlook.

For example, I had a client who converted a student property in a college town to a traditional rental, but the key was that the asset wasn’t performing well.

Still others allow for additional foundation options.Generally, though, mobile homes do not sit on a traditional foundation, unlike stick-built homes.

Since you already have the cash, you can avoid that added cost.Lower Risk: By purchasing outright, you're minimizing your risk and giving yourself time to learn the process without the pressure of loan payments and short-term financing deadlines.Better Refinancing Terms: After you purchase and stabilize the property, you can refinance it with a traditional lender at a lower rate and pull cash out for your next investment.This approach keeps things simple and allows you to focus on learning without the complications of high-interest debt.Let me know if you need more advice!