Between the Gatlinburg fires, cheap property tax, and the increased popularity of vacation rentals, the values are skyrocketing and is certainly a sellers market.

Their sky-high value will begin to decline at some point.End of year I am grossing $25k each unit, and netting $11k on the paid off unit after taxes, insurance, HOA fees and modest repairs.

The investments should be chosen based on increased wealth, so that an investment in land, providing no income, but likely to triple in value in 24 months, would be chosen over a office building throwing off 12% income, but unlikely to increase in value.  

I rehab the property and then later go and get 30 year fixed rate conventional financing based on 70% - 75% of appraised value. 

Hard money with 20% down How did you add value to the deal?

I know she is very intentional about adding maximum value to her clients.

But I have a sense that I'm not making the most of it and that I could potentially grow my portfolio if I made better use of the value in these properties.

But then again I don’t have a vested interest in their buying in to the hype.The other side of the “nothing down” methodology is that in many, if not most instances, being able to put together a nothing down deal results in paying over market value for the subject property, or over market interest rate for the financing.  

Bank How did you add value to the deal?

What value does your family bring to the table?