I currently own my primary residence and recently decided to buy a piece of raw land where my father’s construction company is, and with his help,  build a single family home on it which will become a long term rental when completed. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $118,000

Cash invested: $30,000

This is a single family property this is rented by the room. The entire house is fu...

This way, you're not locked into a long-term commitment and can start looking for a new tenant.

You’ll need a new loan for that $450k+  I don’t see why the IRS would care if the investor reloaned it to you.

The best sponsors build their reputations and investor base on long-term performance and trust.

Escrow paid the lien off, the hard money loan, then the rest is our seller's payout. - I got my cash contribution back from the seller's payout, + 50% of the profit.

Rentals are the best for building long term wealth building.

@Bill Fanelli I am not personally using it, but I heard it can be a bit troublesome in terms of onboarding.

If you buy a property with the intention to rehab and refinance (BRRRR) to pull your cash out, you'll need to wait 12 months to use the appraised value with a conventional loan.

I'm going to sell one of my rental properties and offer seller financing with a 30-year mortgage term.