That’s when we spotted something our initial search didn’t pick up—a recorded contract for deed that had been filed after the prior owner sold the property.We immediately went back to the title company and had them recheck.

Ideally flipping to build up some capital then holding when it makes sense.P Peter, I am a local hard money lender with direct decision making, underwriting, in house valuations, and soft pull on credit.

You are correct that if you have silent partners (LPs), you would need to set up a syndication.  

Quote from @Tom Grieshammer: I’m 26 and I’ve saved up 120,000 and want to get the best bang for my buck in real estate.

In your example above now your debt goes from 3000 a month to 3250 a month. so, your DTI HAS gone up but only to 32.5% from 30%.  

So, no more screaming tenants, backed-up toilets and non-paying tenants, LOL!

Medlock Park, in particular, is a hidden gem... close to Emory, strong rental demand, and properties that still trade below Oakhurst’s pricing.A close friend of mine recently worked with an investor who picked up a triplex near Emory, and the biggest challenge?

Increase earnings, reduce expenses, save up, and invest.

Things started picking up speed, like a snowball rolling downhill.

I am guessing it is just kids tossing them in their bags when their folks try and get them to hustle up.