@Carlo D.You pay interest on the principal only, so every month your principal amount of loan is slightly lower which will reduce the amount of interest you are payingGo to Google and search amortization table and it will show you the principal payment, interest payment and loan balance after each month.

You have all your chips on the table and you can lose in this game, believe me, I've seen people in spots where it looked like they had a clear 50k in profit coming there way and then things go sideways and you hope to break even.

PartnershipsI would suggest 1, 5, or 6Note this table is from 2022 so rates are up a little higher...

@James De StefanoYes, add that to proximity to the mountains, 300 days off sun, great beer, restaurants, bars, arts, parks ...

The tables will turn

I’m particularly interested in exploring opportunities in the Raleigh/NC Mountain area and am excited to connect with like-minded individuals who share similar goals.I’m looking forward to diving into the wealth of knowledge here, sharing experiences, and collaborating with others who are passionate about real estate investing.

The first question no matter what is asked will always what are you bringing to the table?  

Just grandstanding to show people the executive branch allegedly cares about something that the executive branch doesn't have any power to do anything about.Even if it were actually on the table, which I don't think it is, it's not as bad as I first thought when I read the headline. 

You would go into this deal thinking they will hand you $160k, and then after two weeks, when the appraisal comes back, you have to bring $20k to the table to close. 

You'll usually find a table full of gray haired guys talking shop with him.