Out of the many programs I've been involved with his is one of the few  I can truly say is worth the money. he's smart and knows RE.

The strategy involves using the HELOC for a flip to generate fast cash, reinvesting profits into long-term rentals, or exploring alternative ventures like short-term rentals or partnerships.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

(We used our cash on this one and are using a dscr loan on the next one.)Deal number 2 has already been purchased, and we are eyeing deal number 3 right now. 

I assume there’s no realtor involved or they’d be upside down.

That is a steep price for anyone new looking to get involved. 

And treat this as 1/5th space as a rental.Or down the road, would it be better to have the entire property (home & garage/room) rented out to everyone involved and the property become an investment property. 

This year they’re real estate syndicators; three years hence they’re running and selling oil drilling participations, after that they’re involved in fin tech.  

They already replaced the head of the EPA (sorry earth) and now have there eyes on Jerome Powell.

Ensure that the savings from the new loan outweigh the costs of the prepayment penalty and any closing costs involved in the refinance.6.