I never knew that there was a public master plan for each city.

@Tabb PittYou should get atleast 25% down and charge atleast 9% interest as you can get 9% all day long private lendingThis will essentially kill the deal for any qualified borrower so you will end up with non qualified borrowers who most likely will default in 3 yearsJust sell it traditional method

If you locked in a better interest rate when you bought the house then you might end up loosing it  and replacing it with the current higher interest which could cut into your cashflow. 

Can the other investors out of the area get this is the question… so you throwing up those numbers unless you’re going to let your end buyer have it for that it’s just not being realistic. 

If you want the only thing that is going to happen is home prices will continue to go up.It's the same as being married asking are we ready to have kids there is no right time it just works itself out in the end.

BP is another of those sources as you can look at reviews on the profile page and actually talk to people here on BP who have used a QI. 

This property is in the north end of Wisconsin.

It will end up being about $85k.

The property I would buy is in her LLC but she would like the dream home she’s building to be in their personal names, can she use a 1031 exchange at the end of the 3 year balloon when I pay her off and use those proceeds towards a new construction build?

I'm currently a buy and hold investor (utilizing various househacks), but I'm hoping to get into the STR space end of this year/early next year.In terms of your financing options, here are some things that come to mind (albeit may or may not apply to your situation):- Utilize second-home loan option (10% downpayment) if the property qualifies- Utilize a small local bank to see what loan options they may offer (perhaps some may have experience lending on STR?