Credit scores in the high 700s no significant debt and decent income.What would you do and why?

Good decent tenants? 

House is in decent shape but can use some minor updating to add value/ Forced appreciation. 

The house on the property is pretty decent.

Everything sounds good if the Business your buying is decent and you going to be all in to make it a success.

Money out after 2 years $21,704.This is probably a great deal for someone that wants to hold on for a very long time.For a TK property, you actually had a pretty decent exit considering you only held it for two years.

Only word of caution here is that you’ll be fully leveraged, at 97% going in, and a decent amount lower after fixing.

I got to thinking that this could potentially be a decent way for someone like myself with limited funding to build more savings to invest into larger projects and really get the ball rolling.

I have a colleague at work that did the same thing with taking out the 401k loanI’m not a financial expert, but I think it’s a good idea for someone that’s younger, has decent job security, and is planning on continuing to work at the same job for the next 5 years.

This was all made possible by being frugal and allowing my cash reserves to aggressively grow.