I'm looking for portfolio lender near where I live.I have holdings in PA with no mortgage.

Not that Real Estate Investing is without lots of work, as I have read here on this site, but that will allow me some freedom to spend my day building a portfolio of worth.  

My husband and I are also investors with a rental portfolio and active with fix/flip properties in the Houston area. 

If well, I would advise that you keep the same criteria that you have used thus far to build your portfolio. 

In the meantime Im doing market research, networking, and deciding on which legal entity to structure for my rei portfolio.

I want to earn some extra cash in order to expand my portfolio and build my business.

I want to earn some extra cash in order to expand my portfolio and build my business.

The seller has significant equity in each property and is offering to carry a second (presumably a portion of the down payment).My question, forgetting about the potential seller carry back for a second, is how will a traditional lender (likely portfolio) look at the forgivable NSP mortgage?  

Unless you are looking to add this property to your rental portfolio, I would sell it without an interim solution. 

David go to a portfolio lender where they keep loan in house and are not selling off.