Also, if you happen to have hundreds of thousands of dollars in cash then there might be some other options. 

Thanks in advance for any insight and responses. 

Purchase price: $230,000 Cash invested: $50,000 Duplex next to another duplex I own.

I also love it here.It will cost $100,000 and we will finance half with a personal loan @ 7% for 3 years.So im putting 50,000 in cash and I expect to earn about $2,000/month.

Based on a CASH sale price we would have received $1,625,000 as a cash sale, less the $615,000 note payoff, or $1,010, 000 CASH,  By CREATING the wrap note, we received $412,000 Cash and the note.  

What's your end goal —cash flow or long-term generation? 

Purchase price: $620,000 Cash invested: $60,000 This investment is a duplex with a 3/2 on the bottom and 1/1 on top.

Thanks in advance. 

Thanks in advance!

We thank everyone in advance for their help!