Should I pay him $31k cash to get his mortgage paid off, and then have him seller finance the rest so I can use my remaining cash for rehab?

Put the remaining amount on your debt.

Even during covid, tenants have remained employed by essential employers such as FedEx and St.

Understand that you don’t define the demand for your money; your market does.Randomly determining a maximum or minimum amount you will loan, from a message board, is not likely to satisfy your market.

I've been paper investing my whole life and have been pretty satisfied with my ROI over the years, but with that, I am now interested in getting into real estate. 

Pulaski County single family residential sales for the week of May 31 - June 6 remained a very strong seller's market.

@Todd RasmussenThe property is part of HOA, so the windows have to remain the same size.

The pace of the market as measured by the number of days a listing remains active.

Technically, conventional loan property condition requirements include:Water and electric must be on and functioning normally at the time of the inspection.Roof - 3 years of service life remaining.

Interest rates are still predicted to remain low in the near future, so your best bet will be to have the company you're with now notify you when they will be able to help you move forward with the refinance.