My question that I would like one to consider is this: Should I target a property that slightly cash flows with a 30 year fixed, or buy a home with a better rate 15 year fixed and target fast accumulating equity and a big fat cash flow egg that will be gifted to me in 15 years?

This will be a slow burn project.

You will find that there is plenty of fat.

Purchase price: $65,000 120 acres of wildland surrounded by national forest, in the midst of the Dixie Fire (2021) burn scar.

Purchase price: $65,000 120 acres of wildland surrounded by national forest, in the midst of the Dixie Fire (2021) burn scar.

That was the 3rd or 4th person severely burned and they did nothing to address it. 

I’m not cheering for @James Wise, however @Lenza M. you probably permanently burned a lot of bridges behind you on this thread of which you probably realize by now.

@Robert Burns - is your primary goal to invest for cash flow or appreciation?

There are sponsors (on this thread) that I got burned from and the blame is on the economy and interest rates.

Hey Justin,Thanks for your comment.Our bread and butter are single family but we are happy to take a "custom order" for multifamily.We usually do this for existing investors only tho.Also, as multifamily is out of the usual scope of what we do, we would require some fat cash in the deal to give us peace of mind that the transaction will actually go through.Over the years I have experienced many folks talking a big game but never actually playing it.Thus we need to protect the company in such a way by asking for $$$ in advance.Thanks again and don't hesitate to ask any further questions.