You are somewhat stuck as your friend is interest only with a very low payment, has no obligation to refinance if the loan has not matured and one of those things that not sure how you exit this.

Overview:Address: 3960 Pleasant Shade Dr, Atlanta GA 30340 (Have owned for since Nov 2016 and depreciating)Details: 3 bed 2.5 bath 1,847 square feet (None of the photos online are current)Principal Owed: $232,000Mortgage Rate: 3.375%Monthly Payment: $2,010 + $250 for landscaping and pest controlCurrent Rent $2,450 a monthProjected New Rent: $2,750-$3,000 a monthPotential sales price $450-500k. 

I’ve also been saving up a large portion of my checks to go towards a future down payment for hopefully a multi-family property to start my house hacking journey.Just wanted to put myself out there but if there was anything you would tell a future real investor what would it be and I’d appreciate any advice given, Thanks. 

Other than that I have perfect payment history.Debts:Storage unit-         $190 monthPhone bill-             $160 month (i pay for my moms phone)Truck payment-   $1150 month (owe $58,000) impulse buy, and may be able to sell and get out of loan if needed. 2.9% interestStudent loan payment-    $150 month.

Have you heard of Rent App and is that a good idea (instead of Venmo) and sufficient for tracking rent payments?

Give some consideration to the amount of money you want to invest for a down payment plus any closing & renovation expenses here too, although if you find a sweet deal you can find outside money to extend your reach.Next run the property through a quick analysis.

Definitely can do non owner oc investment property build with 100% of the construction covered since you already own the land .

That's pure slime.Save your time and do something legal and ethical to save for a down payment.

While doing this, save at least 10% of your paycheck to have as a down payment.

Arrange to pay them a reasonable down payment and monthly payments.2.