My wife and I are considering selling our current property and moving into another, but as I’m sure many of you know, those events don’t always line up perfectly to prevent paying for two places at once.I’ve heard rumors about a program that allows the temporary freezing of mortgage payments on properties for sale by owner while they begin paying for other properties.

@Griffin Ahmet start attending investor meetings: Oakland REIA, Wayne REIA, Detroit Renegade Investors, MREI, etc.Look to connect with Wholesalers for deals, but do NOT trust them!

The 600k is rolled into the Y2 build (same as above), this is repeated for 5 years at which point the Y1 build is refi (will have approx. 120k in equity build just from mortgage pay down, no apppreciation factored in.

It has not been smooth at all as most tenants do not want to pay.

A like-for-like property in Mexico is much generally cheaper than in the US but properties in great locations aren't that cheap that you can pay cash for 4 properties with $400k (unless they're minuscule) but you could use financing if you have access to it.8.

Paying off $100K on a loan of 6.75% is the same as investing $100K in an investment that returns a guaranteed 6.75%.

This book also gets into how you budget to pay yourself which is hard to figure when all money is intermixed.

Document everything.I just had a guest at a property that I manage ask for a full refund for a stay he booked last minute, ignored paying a pet fee, ignored my request for the pet fee, asked for an early check in.  

Once you do the rehab you can refi to pay back the HELOC.

Nobody’s going to pay $850k cash for a chance to earn $50k (if they run it as well as you.)