If you ran the numbers on a BRRR deal accounting for knowing you'd only be able to refinance for 70% of arv, the costs of repairs, and repaying the initial HML....you wouldn't have bought those properties. 

And I bring experiences into this field that are unique.

Why don't we connect so I can better understand your unique situation a bit.

Add value relentlessly, Find a unique way to make people's lives better and just give it away endlessly. 

Its a really unique market so I was hoping someone who already invests there might've had a local person but I appreciate the different ideas. 

Debt Pay-Down When you purchase a property using debt, part of the payment you make each month to the lender is the repayment of the principal balance.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $273,000

Cash invested: $40,000

Two Bedroom/Two Bath garden style SFH with carport, and private covered patio almos...

I recently had a family member interested in lending me private money, however having never gone this route before, we are quite lost on how to structure the terms of the loan, dollar amount, interest rates, repayment schedule etc.

We are definitely in a unique market post Harvey, Port Deepening, and new LNG plant permits being issued. 

I am in a unique situation and don't want to stagnate with it empty on the market for 4-6 months to get maybe an extra 15-20k.