So for example a property you buy for $500,000 with a $300,000 assumable mortgage note with an interest rate of 5%.  

Good morningIt is working well.I expect to buy 8 houses in next 5 yearsAfter that I will start flipping but I am sorry you mistook meMy flips will be local:)

Either way, I don’t think you can go wrong buying in either area over a 10 year span.

And yeah, he now uses your $ to buy his real estate....... 

Investment Info:Large multi-family (5+ units) buy & hold investment.

It highlights that you are a new investor and local to the property.If you are a wholesaler, explain the process and show them what funds you will use to buy or hold the property. 99% won't do this.

Milleneal would purchase 75mile radius, rand 75-150 miles are areas where it's bought by genz. because of the disparity in buying power, people is buying even further and further away.

I guess you would have to buy another property and do the same thing to keep chasing write-offs.

Investment Info:Single-family residence buy & hold investment.

In Denver, I'm considering buying the property next door to mine and renting my current (2Bd1Bath) Single family home.