I am a licensed realtor based in Atlanta, Georgia, and I am currently working on obtaining my mortgage origination license.

Have you ever stopped to think about how much wealth you’ve built up just from being a homeowner? As home values rise, so does your net worth. And, if you’ve been in your house for a few years (or longer), there’s a...

Answer sure.. have to check if there is a due on sale clause or if you have a PG to the orignal seller.. that mortgage stays in your name unless there is a formal assumption  Maybe the example is more challenging for a house as the property.Ex. with vacant land - seller finances to me $20k with 5% down and $1k/moCan I after 1-2 months, then resell the land to a cash buyer for $25k, pay off the original $20k and pocket the $5k?

The real answer is "I don't know?".

@Tobi Isaacs this would be better answered by other investors in your market. 

Want to get more of your questions answered about starting or growing your Mid-term rental business?

i understand a true duplex might be a lot more expensive, but i think it's at least worth continuing to research and keeping an eye on.and sticking to my original point, OOS can be tough. 

I think you already know the answer to that question lol  Have you been to NJ before? 

Within a year we had 3 or 4 originators, 2 or 3 processors, and a full-time admin assistant. 

Thank you for your answer.