Most likely this type of land will be gone gone in this area in two years.I can not afford this land/finance it via a traditional route so I am looking into alternative ways to finance it.

Quote from @Shameer Lorde: @Berenger Greer thank you so much for this I think my biggest hesitation is being new I do know a good amount but I don't want to make a crazy mistake you know?

2021 - Interest % climbs, property taxes start to creep up, and insurance costs crank up 40%.

It was, however, interest only at 2.9% for the first 12 months, I had significant cash reserves, the property that the HELOC was against was worth about 2x the first position HELOC balance, and I owned another property on the same street as the new purchase (very familiar with the location and property).

I’m a builder/carpenter from Northern California, I've been working construction for a while and am now excited to dive into real estate investing.

I would only recommend this route if you were planning on doing more than just this project.- alternate rent models: STR, MTR, rent by room.  

.: I own an Investment Property, in Garland, TX and I am considering Creative financing options, this is what I have suggested thus far, any additional tips anyone can share?

Quote from @Bayo Badejo: Hello BP Community,I’m excited to be part of this network!

A property address so a person could run an actual analysis would serve you better.

Quote from @Charles Kennedy: Hey BP community,I’ve been spending more time lately digging into mortgage notes—both buying and selling—and I’m curious how others in this space are approaching it.A couple of things I’ve been thinking about:Do you prefer performing or non-performing notes, and why?