If they did not take that as collateral; it would be an unsecured loan and I imagine your rate will be double digits.

You CAN'T receive the funds from closing, it has to go to a third party and it can't your attorney anymore.I need to be double checked, but the two "values" are the entire amount of the transaction and the amount that is owed?

Realtor.com's market data for the week ending May 1, 2021, shows that the median home price of all the listings increased by 15.4 percent over last year, notching the 38th consecutive week of double-digit price appreciation.

Other than that, make sure to double check HOA and any other fees that may be associated with the property and lock it up!! 

Luckily, they were all patient and secretly knew the timeline would double from the start so nobody was pressed to cash out early.

Purchase price: $740,000 Cash invested: $148,000 Two side-by-side multifamily buildings, each containing six units (twelve total) with one bed and one bath.

I currently only have one two family rented, but will be buying either another double or something bigger if I could get financing or afford it with the cash I have. 

But the truth is a double-edged sword; It is a dangerous thing."

The value has more than doubled and we've been able to do a cash out refi to help purchase other investments.

Purchase price: $110,000 Cash invested: $22,000 3 bed 2 bath home with about 1,000 sq ft of livable space and a one car garage.