(Most probably do FAR worse...)By contrast, private lenders are currently earning about 12% annualized interest on their money.And, getting exactly ZERO calls at 2am from unhappy tenants!

The house has been on the market but traffic is slow - not sure if this is due to the current environment or something specific I should address within my listing (we've already adjusted the price). 

Hey BiggerPockets Community!
I wanted to share some insights on the Memphis real estate market for July 2024. Home prices are rising steadily, with a 7% increase from last year. The rental market is strong too, espec...

We currently own two rental properties (details below) and are ourselves renting a place to live in ($2350/month).

@David Garcia Fyi, I recently applied for a Heloc with Figure and they said they are currently not offering helocs as an option in my area(Tampa)>

A strategy that fits your current financial situation and your financial mindset and goals. 

It took about two weeks to find the current tenant back in October.

Listing the pros and cons of the softwares you currently use would be helpful, too. 

Purchase price: $750,000 Currently operating as a 9 unit mobile home park with single family home

So if the notes currently $2.3 million at 8%, the current ow er can advertise the property for sale at $2.8 million with $800k down and $2 million loan assumption with interest rate of 10%.