We were lucky to move to a suburb of Dallas and do so well in equity but we still have quite a bit of property taxes and Capital Expenses in the older house.  

That is great long term in my eyes.Rent Variance - Income inequality is super real in ATL.

I help them make a sound decision of the location, rent potential and growth in equity.

Maybe you are making enough in equity amd appreciation to make it worth it. 

Meaning that a conventional loan (loans governed by Fannie Mae and Freddie Mac) will allow you to buy an investment property at 15% down but you have to have 25% in equity to refinance.  

Below are the facts, I'm not sure how to structure this dealOwner is asking $210,000He has $70,000 in equity and is willing to hold a note for the full amount over 5 years.

Given that I purchased the house so recently , but yet it has $40,000 in Equity .....

We are up 30% in Equity already based on similar sales and earning 16% Levered Return on our money down.

I still have about $40,000 in equity in the deal so that check represents 30% ROI and 20% return of capital.

I was thinking about the possibility of offering seller financing but I still have a mortgage on the house...I do have about 290K in equity though and think we both benefit if I'm making close to 5% interest and he's able to purchase the house.