(Check out the podcasts that talk about attracting investors or getting financing.)

I'm actually surprised it hasn't affected tourism more yet but that's probably because it's cheap and so it attracts price conscious tourists, especially in a period of high inflation.

I price low, to attract multiple bidders and if the highest price has no earnest money, I'll probably sell to the next person.The earnest money serves a practical purpose of compensating the seller for lost time and marketing ability if the buyer bails out because the buyer found a more attractive property.

I'm going to use this to take advantage and save up some money which I will probably use to pay down the current balance to be able to re-finance if thats still an attractive option at the time.

Seeing as we are looking at filling so many lots that is most attractive to us.

@Sudheer Bobba If you want to title the loan directly to LLC, your options are a residential portfolio (30 yr fixed) or a commercial loan (5-7 yr ARM or balloon).Rates/points in both cash are not as attractive as Fannie/Freddie.

In my area, they make it very attractive to work with people that are homeless because their is a strong stigma against what it actually means.

Hi Ley,I would be refinancing with a conventional Fannie-Mae backed lender as their terms are more attractive than a commercial loan, and conventional loans can be done on investment properties at terms still better than a commercial loan.

I have properties in Milwaukee, Memphis, NYC and New Mexico and sold a couple in Florida and North Carolina and Philly attracts me for the potential for strong ARVs in some areas as well as cashflow.

This will also likely make it more attractive for investors if you plan to bring them on.2) Invest via a syndicate so that you can get access to real expertise and experience, for a fee, in return for truly passive income.