@Don KonipolSo we have a short term loan with someone and as part of the loan they paid all the interest upfront (12 month loan), loan is maturing and they have extension options (for a fee) - they asked about the extensions and we said it was X amount for the extension and you would also start paying the monthly interest as well.They flipped out and am like what do you mean I have to pay interest ?

I'm leaning towards long-term rentals (LTR) but am also eager to dive into fix-and-flip projects to generate quick capital.I'm deeply committed to achieving financial freedom through passive income, and I believe real estate is the perfect avenue to reach this goal.

We have long-term goals in real estate but right now don't want to grow beyond the two rentals.

I'd recommend prioritizing Airbnb-friendly municipalities in Florida in case you need to go the short-term route, which tends to give you a higher monthly income.

To cash flow properties with current interest rates can be challenging..a lot will depend on terms of both the loan and the actual negotiations.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

😀So I speak with some actual first hand investing experience.It’s is never as good as some think and it is never as bad as some think.While some big name syndicators have crashed and burned, the truth is this only represents a small share of the market.The overwhelming number of MF properties are owned by long term owners with fixed rate debt and Billions in Equity - those people are not in trouble.I believe perhaps 10% of the MF stock is owned by syndicators.

Somebody said 30 days and everyone followed suit.I was a the Dr last week and the Nurse said Charley Horse.I asked if that was a medical term, which it isn't. 

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.