cloa...Note should include a provision similar to the following:FOR VALUE RECEIVED, I, [Borrower name] (hereinafter known as “Borrower”), promise to pay to the order of [Trustee/trust, payment address] (hereinafter known as “Lender”) the sum of Fifty-Two Thousand and 00/100 Dollars ($52,000.00), with interest from the date hereof until paid at the rate of Six percent (6%) per annum on the unpaid balance, payable as follows: Commencing on April 1, 2024, and continuing on the 1st day of each and every month thereafter principal and interest payments of $577.31, with the entire remaining unpaid balance of principal and interest, if not sooner paid, being due and payable in full on or before March 1, 2034 (the "maturity date").Record a first priority security instrument (mortgage or deed of trust).

OMG we received multiple offers some up to 20k over our listing amount.

Assuming it can all be done with permits and to code, typically appraisers will give value for a bedroom, but not laundry room. 

Typical rates are 8-12% of income either monthly or yearly depending on manager.

The rent you receive will cover the debt for the home you're departing from . 

Thank you  Yes - delayed financing is typically only going to be for turnkey properties - not for fix and flips

househacking is equivalent to reducing substantial expense, and it's also the easiest.Flip would be heavy money maker if done correctly.The other one are just typical double CD rate investment LOL, 70k brings you nothing lol

Recent amendments require a local agency to impose an owner occupancy requirement as a condition of a homeowner receiving a ministerial lot split.

Additionally, central HVAC systems typically require less maintenance and provide more consistent cooling throughout the property.

Received cash of $480K which went directly to QI and accepted seller financing for the remainder $135K (note did not go to QI).