Settling in florida is normal because of the sandy soils with high ground water. 2.

You may need to have survey performed on the property that might be paid for by you or by the seller or it may be common practice in the area for particular pardon you to pay for it.

Just remember selling it quickly means you pay taxes on the property.

If they’re paying 85% cash, like from a 1031 exchange you have almost zero risk and 6% is fine.

With regards to the cost to step foot into this loan I’d be paying the 5,000 she has in equity plus the difference in purchase price to sale price ? 

Look at paying into your debt like this: Your making 3.75% ( technically after taxes only  about .75 of that ) on your money when you pay that debt down.

I found a house in coddo mills that is around 300K and I need to pay $300 every month from my pocket after renting out that house due to current high interest rates (25% down payment). 

Out of state Investors who have appetite for the NY area market and surrounding should reach out. 

Once I started paying off loans and raising rents, years of suspended losses went away fast. 

If the numbers do not work, or the borrower does not seem likely to pay me back I don't.