Unlimited private money

[Jake Hartnett]

What would you seasoned investors do if you had unlimited private money with the following terms: 5% down 6% interest 7 year balloon 25 year am I'm just starting out with some education and some property management mentorship but no real experience. I'm planning on house hacking a 4-plex, but then what's the strategy? Would you make sure you have more equity before buying another property? Partner with someone who is more experienced and bring the money? Refinancing with the same lender is possible, but perhaps not on the same terms, but still very good terms relative to the lending market and CD/bond market at the time of refinance. Any thoughts are welcome. Thanks.

[Dylan Swanson]

Definitely appreciate the mentality that utilizing someone's money is a great responsibility not to be taken lightly.  Starting out in that fashion, I wouldn't want to grow too fast either.  You definitely want to make sure you get the hang of managing property and build proper reserves.  Investing in property where you can force appreciation right off the bat would be a good way to go too...puts you and your lender in a much safer position.  

Also agree to your point of analyzing property based on cash flow, not strictly on comp prices