Would the seller be interested in carrying a 6 or 12 month note for you for the remaining downpayment amount to buy some time to liquidate the condo?

*Newbie Investor I’m currently looking to buy a long term rental with minimal renovations in North Carolina and chose Fayetteville as my main area of interest.

I am buying two foreclosures (a SFH and a triplex). 

Don't buy and hope. 

As you grow and buy more properties would suggest a trust or similar entity. 

Mortgage Interest Deduction: You can deduct the interest paid on a mortgage used to buy, build, or improve your home.4.

When I’d reach out, I would simply say something simple like “I'm looking for fixer-upper houses and can buy it off market for an on market price.

You are looking to rent or buy a space with a partner to have a personal fitness business or just a class?

I will add we took out a loan to buy the home for 20k along with extra cash to put into our home to make a "home office" out of the attached garage we never used except for storage so we added even more value to our 156k purchase.

The "right decision" really comes down to what YOUR goals were when buying this property.