Some investors think I am crazy doing that and perhaps so, but I take other people's money seriously and even when the crap hits the fan (and it will if you do enough deals for a long enough period of time), paying back your lender is priority one in my book.Most of my deals for private money also include a balloon payment rather than monthly payments.

Plus with HELOC's you can only pull what you actually need and pay it down/pull the cash out as you need it.

The residents do not cause problems, they are generally on social security so if you give them a 5% discount they will pay their rent a year in advance, and they will host fundraisers to improve "their" clubhouse.

Also, with point 4 - is 18 months not a very short window to pay down the cost of a home?

They generally end up with better options than a lower income self paying tenant.

I purchased a townhome last year in Nevada & I have tenants who are paying off the mortgage. 

I'm definitely open to revisiting meetups, but I almost feel I'd be better off attending a meetup where you have to pay so I can interact with more serious investors. 

The flip side is that I would not be paying that much in fees, because my intention is to flip the property and since I am not planning to build, I won’t have to deal with that many of the HOS’s rules.

I have purchased a set of 4 properties in Salem NJ and need to refinance them all to pay off private money lenders.

They are paying more to be educated.3.