And what do you think about cold calling, I heard its effective, but I'm not sure how to find the phone numbers

this sounds like a perfect option for me sell a 10k option for a year with set price I can buy the option out at.

DSCRs are long-term loans, so if you pay off the loan (this includes a refinance, not just a sale) within the time that your prepayment penalty is in effect, you'll get hit with a fee.

It sounds like I am not in a situation where it would make sense.

I imagine this level of personal capital exposure has an effect on how much risk they are willing to take in a deal, both with the asset itself and the structuring of the transaction.

., as the average effective property tax rate in the Lone Star State is 1.60%.

Hey @Jarrett Fogelman - Great question and it sounds like you may have already come to a decision, but like others have mentioned do your own research.

That way when you hire the attorney to draft everything it will be more cost effective if you already know what you want.

It “sounds” like you want to lend someone money for an earnest money deposit to make an offer on a property?

Richmond is a wonderful place for real estate investing, with its expanding economy, variety of neighborhoods, and affordable property prices compared to bigger cities.If you want to further your real estate investment journey in Richmond, it's important to stay informed about market trends, connect with fellow investors, analyze properties thoroughly, consider various financing options, diversify your portfolio, manage your properties effectively, and stay well-informed about real estate investment strategies.