This would consolidate your debt into a single mortgage with better terms.

Long-term rentals are much more difficult today, but that doesn't mean they are dead.

After a year, my lawyer negotiated a settlement offer for $17,000 which is 40% lower than the original price. 

If you're interested in long term rentals, you could look into a DSCR loan that is based on the income the property brings in and not your personal DTI ratio.

This allows for potentially lower purchase prices and more flexible terms.

If I buy a property with tenant in place, do I need to inherit the existing lease terms?

Remember, hard money loans are typically short-term (3-18 months), so make sure your flip timeline aligns with the loan terms.

I also wouldn’t even know where or how to start with seller financing, how to come up with the terms, etc.

I have used the bigger pockets residential lease for long term tenants but doesn’t seem to be for month to month any and all suggestions would help! 

In this section, I want to emphasize the benefits of seller carry financing, share success stories where it enhanced the deal, and highlight the tax advantages of utilizing a 1031 exchange.Seller carry financing is a powerful tool that allows investors to purchase properties with flexible terms and minimal upfront capital.