The less you borrow the easier it will be to handle a downturn, but that goes hand in hand with a lower mathematical return.

Regardless you need to determine along with whoever you are borrowing from what you want to do, loans are the most common but partnerships are not unheard of, however if you are raising small amounts from a lot of people you may need to talk to a lawyer to make sure you are following SEC rules.

Hello Bigger Pockets members, I’m Jose from the Milwaukee area in Wisconsin. I’m 17, and hungry to get started in real estate. I recently began to listen to the bigger pockets podcasts after gaining interest in wantin...

They also use the term at times for when a borrower wants to deed a property back to the servicer via a deed in lieu.Relocation money can be granted by servicers when a borrower attempts a short sale.

I find that a lot of rental investors don't buy properties with huge discounts like flippers do (again because of the focus on cashflow), and plus it's very hard to find a good deal these days, so they are often borrowing close to 75% of ARV anyway. 

And if they don't want to bend, if they don't realize that my solicitude and kindness to them in the past was a choice, not the only way I know how to live and deal with people, not a weakness to exploit, then they get a less pleasant and accommodating landlord in their lives.

The bank is not giving me a choice in the appraisal company and I have used the one they use in the past and I always get real low appraisals.

Assuming I have to borrow the $1M from HM/PM/FF, what do the terms look like?

I borrow all of the cash needed from a private lender and agree to pay 10% interest on the back end. 

Probably not the wisest financial investment but want to treat myself some.not a bad choice :-)