Why didn't you make your liquidity requirements known upfront and save me a lot of time and trouble?

This house currently has no renter though they are actively looking to put one in the home.House 5. rents for $725/m the loan will cost me $13,000 as a down payment and $6,000 closing costs, and should cash flow approx $275/m after mortgage payment are made.House 6. rents for $725/m the loan will cost me $14,000 as a down payment and $6,000 closing costs, and should cash flow approx $250/m after mortgage payment are made.To be able to make this down payment I have the option to:HELOC my current home which cost me about $850/m in repayments OR I can find a hard money lender who would be interested in working with me, I am currently putting together a hard money lender proposal to show a couple family members that would basically look like this: No repayment in the first 12 months, all income going into an account to allow for repairs and emergencies, after that taking the cash flow and splitting it 75/25 to the lender paying it off in approximately 13 years, sooner if we can make extra payments on it and giving the lender an 8% return on his money(about .5% less than what I was quoted for my HELOC).ORI can potentially do a deal with my brother who is also looking to get into real estate and we split the properties 3 a piece.These properties are right outside of a military base in a low income city but have done well for the family currently owning them with consistent long term renters in them.I am looking for any advice as to whether or not this is a deal worth pursuing.

This is a larger 2500sqft home so that makes a lot of sense.I'm sure the age of the home is a factor in the replacement value as well. 

I think some would work well for a Househacker, someone looking to BRRRR, and some are just buy and hold for cashflow plays.

Well light properties are less likely to be approached by burglars. 7. 

However, I would like to gain some practical experience in the world of Notes as well.  

I bet it will do well for you if you can find a contractor to help you out. 

We are currently staying in Surprise, AZ and we like the area but are open to other areas as well.

Post back if you find another lender who serves you well, and I will add them to my list and pay it forward.

I would recommend making sure that you understand your financing options as well.