If you are talking about "Rate of return - then that actually belongs under "financed" - as with financing you only have to put 20% (max) down on the property - therefore your cash on cash return (as a percentage rate - which is usually how it is viewed) will be better with a financed property.  

—can also be acquired on an all-cash basis, but your initial outlay will be a lot higher, and leasing cycles will be longer and more complex than single-family.

@Jon Parks  Jon I just happen to see another thread on Norada and a post by Marco himself.As you can see he clearly states the accredited criteria. at least in this post Good morning gentleman.Just to provide clarity in this post, there are three (3) separate companies: 1) Norada Real Estate Investments2) Norada Real Estate Funding3) Norada Capital ManagementThe Promissory Notes you're referring to belong to Norada Capital Management.

Account Closed,It depends on your financial goals.If accelerating your 1st mortgage doesn't suit your financial needs, don't do it.It's that simple.Chris and Eric have been throwing the HELOC in where it doesn't belong as a kind of red herring.

I would ask myself if the money really belongs to me or not, despite the legalities.

If the drain pan isn't working, that must mean the washing machine is leaking, which should be a tenant issue if the machine belongs to them. 

The following land belonged to my initial protege.  

I would not pay 80% upfront, you can go along and make a payment plan while construction is under way, and the result should be mostly the same for the developer, and you don't risk so much before even constructions starts.Have a lawyer go over legal documents so that you know the property belongs to them or if they have it in a trust.

My daughter is the sole beneficiary of all my belongings upon my death.

It is required the Property Manager return all personal property belonging to the Owner such as keys, entry codes, copies of lease agreements with existing tenants, tenant deposits, and any other files or information necessary to manage the property and the tenant(s)."