I do a mix of rent by the room and mid-term rentals and have seen great results.

Similarly, if you put all Class D tenants in a Class A 4-plex, what do you think will happen?

But it did not have the pay that would be beneficial for doing investing, I think.

Hi I have a owner of a coin laundry shop willing to negotiate seller financing but I’m new and have no idea what I’m doing would be open to a partnership if someone is willing to help me with the process

And where do you think you can get rents.We've been able to secure 80% loan to cost on these types of deals with a credit union recently. 6% is a good rate, but I would see if you can shop around the LTVGood luckGino

I think I can get this property for cheaper and I think I will need to in order to pay off the hard money lender with zero out of my pocket after I do a cash out refi 

@Shannon Hartzell if you can make deals work locally starting out, do so.

Tim,My advice as a banker would be to do a cash out refinance and avoid carrying the Heloc.

Do the numbers make it profitable?

Welcome this is a great site, lots to learn.