Jon Kelly is speaking in terms of the most efficient use of that money and that's where my mind goes as well. 

Generally speaking during a refinance investors get the vast majority of their investment money back, yet the property is still held and investor shares remain the same, so you can proceed to reinvest your money in other projects while continuing to hold interest in the project you invested in.Prepayment Penalty: Predetermined penalty set up front by the lender in case the investor group prepays the loan faster than expected.

@Jerry Puckett This is the company: https://www.simplified-homesolutions.com/I am learning more about them as we speak.

Hi @Adonis Eugene Yancey, there are a few factors that come into play when determining what your interest rate and closings costs would be, as mentioned above.Best advice would be to speak with your lender before even looking at properties in the area.

I'm speaking in generalizations).Factors I consider when looking at new markets to invest in:-Price point.

Your next step would be to identify how big the income gap is to get to your target price, make sure you speak with multiple lenders about what you qualify for.

You don't need much advice when you offer to buy as is with cash:)I will say that if I know the buyer has a certain experience level then I wouldn't mind it, but generally speaking most people don't.

But here I am anyway asking for you to speak your mind.

Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).

I certainly would recommend speaking with a loan officer before paying off any student loan debt.