With the ability to leverage your investment with as little as 10% down, Binghamton offers opportunities in both small multi-family and single-family properties.Moreover, I have a dedicated team ready to assist you every step of the way, including property managers, attorneys, loan officers, and more.

Hi Nicholas, thanks for the answer and let me provide more details :) The offer is to invest into new construction with 20%-30% down payment 0% interest rate loan till the end of the construction.

Mortgage Interest Deduction: You can deduct the interest paid on a mortgage used to buy, build, or improve your home.4.

There are many homes in areas outside of Claremont that are selling for $500k to $650k Many of the people we know are buying homes like this one with a construction loan for the ADU ($100k) and buying a home for $700k + $100k : $800k total at 5% down payment and ending with a total payment (PITI) of $6k minus $2k rents from ADU Total new payment of $4k which is easier to make and once interest come down some, they will refinance to drop their payment to $3k to $3,500 per month. 

Then when you inform the newbie of the reality of dong subject to transactions, or I inform them about the pitfalls of originating hard money commercial loans, they accuse us of being bias, killing their dream, "hating" them, etc.  

I realize they might want to call the loan due if they see a business paying for it and make me pay the remainder.

If it was solely my decision I would buy a new building to house hack every 14-16 months and build my portfolio using low money down owner occupied loans.

I feel this is not a best practice, but I'm not sure how to improve it.

Hello just wonder has anyone had any experience using Loan Exchange??

There's some complicated ways around it and things may have improved, but I can tell you that I was personally threatened with being charged with a felony in 2019 for renting my property even though I had gone through the proper permitting.