They offer a $10K repair fund to fix damages in addition to SD plus warranty for appliance repair etc.I have no say in whom they choose to move in, whether there are animals, limit on # of occupants etc. they reserve right to inspect property so i have no idea if they can tell me to remodel, paint etc.does this make sense i have a vacancy coming up in October (bad rental timing).

Our primary residents also has some equity, I have a HELOC with $166,000 available funds.

I only have enough funds for a 20-25% downpayment and was looking to do a DSCR loan to cover the rest.

My funds were wired on a timely basis with no fuss. 

Also - there are some other ways to gather funds to purchase more properties.

If you have cash on hand to fund the rehab and want to extract it soon after the project is done, you can use delayed financing.

. - Inefficiency with payouts and administration will be compounded as the FAIR Plan has zero experience with a major pay out and lack infrastructure of assessors and technology to distribute the funds they don’t have.

This is our messages to Appfolio for the last two months, they are awful and holding our fund not to disburse, please see below - We have been trying to reach your company by chat, phone number and no luck.

With a single-family, you have one property, which means fewer moving parts.If you have the funds to scale, I would recommend moving toward single-family homes, but if you're just starting out, multifamily can be a smarter choice.

However, I don’t yet have the funds for a down payment on another house, and I’m trying to figure out the best option for where to live while I rent the apartment.Do you have any recommendations for managing this transition or tips on finding a temporary place to stay?