I'm based in Atmore, AL and currently looking in Bay Minette, Atmore, and Mobile.

Also consider selling and reinvesting in other assets based on market conditions and your goals.

There is no interest rate, its a flat fee based on the amount borrowed.

I can’t speak for them or that area but I have had a few investors that wanted to be on the coast-pacific beach to ocean shores) and from what I’ve seen and researched there wasn’t amazing results based on COC numbers.

You always need to run your own numbers based on what your goals are, and anticipated holding period. 

How would you explain these buyers terms to the seller. ok. 30 year amortization means the monthly payments are based on a 30 year loan, but at year 20 whatever the balance is they pay it off then (balloon payment)Personally I would NOT accept any of these offers.

Or, in our situation now, to refinance a property with a mortgage/loan.It is most likely all about track records based on different characteristics.

I thought about doing my return through Dave ramseys tax pro. they are state based and are certified through your state.  

Great to buy homes for $50K if they cash flow but just keep in mind your setting yourself up for a difficult path if you plan to take any cash out down the road based on minimum loan size/Max 75% LTV guide lines.  

I have seen crazy claims from ADU developers including attempts to indicate a value based on income.