Any advice for a 21 year old?

Usually the turnkey properties are very old, thought they are rehabbed, it is still hard to tell how many years are left in them. 2.

If their was an old mortgage, get a mortgage release.

As many of you know the economy around the world has been going a little bit crazy and its just about time before the effects start to effect large corporations in the US in a very significant way.

And I feel pretty confident being old as dirt that your goal to get from 100 to 500 is absolutely doable. 

@Chuck KautzHey Chuck,I like your idea of getting your daughter involved.As a father of 2 kids that went to college I think this is a great time to expose your child to what the whole process involves from purchase to rehab to managing this property.Your child will get so much real world experience out of the process I hate to say but this exercise my have more of an impact on her life then the BA has!

Once you start getting into the commercial world you tend to see more 'creative' options but one commonality I hear a lot of is that a 5 year balloon term or at least matching a market interest rate is common in commercial type lending. 

the new loan pays off the old (hml, etc.).

Why in the world would anyone hire you instead of Evovle or Vacasa?

If you search hard you will find a few true 100% Hard Money Lenders.Real Hard Money FinancingIn my world, we require you to have some money invested in the deal.