How would you explain these buyers terms to the seller. ok. 30 year amortization means the monthly payments are based on a 30 year loan, but at year 20 whatever the balance is they pay it off then (balloon payment)Personally I would NOT accept any of these offers.

It's just about finding deeply discounted or off-market properties.

Hey Matt,I aggressively built a 12-door rental portfolio from 2019-2021, largely leveraging my HELOC.I always tell people that it's a fantastic tool as long as:- You can COMFORTABLY service the extra debt- You have a plan to pay it offI was ok with the extra debt servicing and my payoff plan was simply finding off-market deals, paying cash, doing cosmetic rehabs, and refinancing when done.

The downside of the HELOC is the interest rate is usually higher so you will want to pay it off faster. 

Was it a deal that seemed too good to be true, a property with hidden potential, or a creative financing strategy that paid off big time?

The best advice I can give is to learn here and then take action with the realization that everything isnt going to be perfect the first time around, but if you continue it will pay off in the long run!

We can stream off 3 TV's and browse the internet on the 12mb.So if you can get 100mb or so for significantly less, then I would do that.Now it will be different if you offer a working vacation options, then more would be better.

The issue was accent and not being able to read off script.I found the cold caller off Fiver.

The advisor is saying that I have a lot of debt and wants me to focus on paying off some other properties with the next 10 years, I plan on retiring at 65.  

We meet every Tuesday at 11:30 at the orginal pancake house in plano off 75 and park.https://www.meetup.com/real-estate-mastery-lunch-and-learn/e...