.- I have about 150K available for a down payment, any suggestions on the type of property to target (cabin, condo) if the goal is to be around cash flow even?

I got some marketing material from Choice Hotels (Comfort Inn, Quality Inn, Econolodge, etc.) at a franchise event that basically said you could purchase one of their hotels with as little as $250,000 cash and financing could cover the rest.

The rates for a purchase money loan (one where you take the loan out to directly acquire the property) vs when you do a "cash out refinance", which your loan would be if you chose to pay off the line with a loan on the primary residence, it typically done at a higher rate.

I've bought duplexes where the cash on cash was great on paper, but after expenses, vacancy, residents not paying, cash flow disappeared.When you analyze a deal, the numbers are super important.

You need a bucket of cash for reserves, emergency repairs, or leverage to find/buy/create a good deal.

Tell them you're a cash buyer looking to buy properties and that you want to connect with wholesalers.

If work hours permit, it may be good to dip into investing while you still are making earned income, and then once you have some experience, make the jump.

Unless you buy this with cash most mortgage companies will not allow a purchase in an LLC.

Purchase price: $204,000,000 Cash invested: $60,000,000I worked for a Hong Kong public company & high-end luxury residential developer and helped to develop a $204 million condo project called "The Graystone" which is in Seattle's First Hill District.What made you interested in investing in this type of deal?

Due to high interest rate and almost $10k of property tax, we negative cash flow over $10k in 2023.