The attractive IRR very often requires a refi within 3 years or so, and as such long-term paper is not as attractive to us...depending on strategy, of course.There are other options, but not on every deal type, size, and local...

_r=0&abt=0002&abg=1Here’s my synopsis: We are all involved in real estate because we know how to, or we are trying to learn how to, generate a secure and attractive rate of return on our money.I regularly double or triple my money or more buying and selling vacant land.

If I come across an attractive deal,  If need too, I can cash in on the homes equity. 

MFP sellers in the area like to list the property with an agent on the MLS to potentially attract absent investors... even still, properties may not sell for a year.

What terms would be attractive to a private lender since I can't offer first lean?

As far as rental amounts go everything pretty much hinges on the area you are in.As far as whether to make it a 3 bedroom it really depends on the area, and are you realistically only going to attract section 8 renters? 

You won't attract much help by posting newbie questions in the Success Stories forum.

For the most part, we have been attracting clients that want to grow out of the 1-4 unit ownership and go bigger.

I'm pretty sure that Texas has some funky rules pertaining to lease option that makes that not quite so attractive.  

There are also many little pockets of gated communities/condos that seem to be nicer and attracting some young professionals who are getting jobs working dowtown.