Hello All,I'm currently in the process of closing on my first deal and my lender is simultaneously working on the refinancing right after the hard money loan.

Appreciate the advice on the financing, we are going to talk to lenders and family/partners as our next step and simultaneously running numbers again to squeeze this as much as possible before making a final decision.

Seems like it is in the interest of both landlord and tenant to figure out something that works because it makes little sense to increase the number of homeless people while simultaneously increasing the number of empty houses (you don’t expect an easy turn this time, right?).

. - Once bank account balance is satisfied, we will split positive cash flow 75/25 until we have both recouped our initial investment - this allows us to be both paid back simultaneously. - After we have recouped initial investment - we will be 50/50 owners - split cash flow/expenses 50/50.

It seems like this approach has several benefits, including the basic idea that my tenants will simultaneously be paying down my car and my house for me at the same time.  

Perhaps some do it to help provide people with decent living environments, while simultaneously making a satisfactory living themselves.

It's usually enough to discourage most people from putting in multiple offers simultaneously, but some still will.

I am 22 years old and am currently trying to pay off student loans while simultaneously paying for my insurance, gas, etc.

But I will say, my wife and I are currently house hacking a duplex, and it is an amazing way to get into investing and to simultaneously cut your living costs!

My goal is to house hack a duplex/triplex/quadplex and simultaneously buy a single family home for my family that I will eventually move into as well.