Anyone who's been in this business for a time, they know how crazy some of these requests are.

The best advice I can give to a new investor at your age is to stay out of consumer debt and save as much as you can for your initial investment.

However, if you have to pay them back in a short period of time and make high interest-only payments monthly, that might work against you.Have you tried asking for owner financing terms for the $230k?

I have a tenant who has never been able to make rent on time, they are typically making partial payments throughout the month to get current on rent before the start of the following month.

I have a hard time justifying losing the interest rates you could get pre-2022 so I would lean away from selling.

They can go to foreclosure at any time because the borrower no longer owns the property. 

With minimal risk and a clear path to profit, this deal aligned perfectly with our strategy of maximizing returns through strategic, well-timed real estate investments.

i genuinely think it's a very tough time to get started in real estate. 

Hey all,Long time follower.

We are in a great position financially with no debt other than our mortgage and this move will be happening at the time of my promotion, so we will be able to afford that rather easily.