I’ll start out.....My first hard money loan I took out September of 2017. 12% with 3% points to the broker at the table. 1 year with extensions available for 3 months with 1% fee.

I have extensive experience in calling different lists such as:Absentee OwnerVacant LandsFSBO'sPre-ForeclosureEvictionProbate leadsI have experience in making outbound cold calls to homeowners and generating qualified leads.

In terms of areas, I would look west towards Bellevue, Pegram, Dickson.

If the tenancy is a specified lease term under a written agreement, and the lease term has not yet expired, you cannot impose a rent increase during the term, unless the lease agreements provides that you may do so. 

But If you looking for a long term SFR rental (3/2/2) you will have to spend anywhere from +$350K to find a move in ready rental in Plano.

Right now I am trying to stress to everyone that they need to be able to afford a property based on the long term rental potential even if the plan is to use it as a STR.

I plan to keep it long term.

The advantages are twofold - you secure favorable financing terms for your primary residence, and when you're ready to move on to the next property, you have the option to turn your initial purchase into a lucrative investment.

Long term a an investor.

Creative means terms vs paying cash!