Quality of the tenants2.

.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.

You can even make collateral withdrawals as you pay down your principal.But these are usually high interest, interest-only loans.

If you are a beginner, I highly recommend exhausting your conventional options.

Very seamless, very high-level. 

But on this specific guy, I jumped on a call to explore the program and it was a high pressure sales call, it did not feel organic, not trustworthy and certainly did not feel the right fit.Why would someone spend 10k on a so niched-down space of real estate when they can get someone for the same amount to teach him/her everything?  

High praise coming from you Steve.

Since you’re considering Midwest markets, I’d highly recommend adding Detroit to your list of cities to research.

For a 3-4 family home, it's more complicated—you're looking at commercial lending, which requires a large upfront investment, high holding costs, and greater risks.

I had similar thoughts as to why they would want to take over payments on a brand new mortgage at a high rate.