It’s also worth getting pre-approved for financing to ensure you can handle the property’s price and upkeep.

Has anyone had experience using this financing, or can recommend a similar financing alternative without the overhead of joining an inner circle?

I've got about $525K in equity in the property, but lenders have told me that I cannot get a HELOC to access that equity for additional purchases because the duplex was financed as an investment - they have said TX law dictates that HELOC can only be used on primary residences.

I've been part of a mentorship group for the whole time, I built a deal team and I've been looking at purchasing a cash-flowing business utilizing SBA financing.

I realize these are already very good terms, but I thought I'd check what is possible.

To be more specific about what i'm looking to do: My 1-2 year goal is to employ the BRRRR strategy with SFHs and Condos by buying distressed / highly undervalued properties that need work (preferably all-cash) in low crime areas with strong rental demand, renovate them within budget (again preferably all-cash) and get them rent ready before refinancing them at the highest ARV possible.

@Sang Kim- thanks for clarifying you are trying to get a commercial loan ...this is a  completely different product than a home loan ...You still should be able to  locate and obtain a good commercial loan  without  having to pay any fees upfront  ( other than possibly paying for the appraisal after the  loan has been  approved )

How did you finance this deal?

What do you mean by "traditional 6-month financing route"?

I also released my EMD after contingencies so she has some cash to work wit How did you finance this deal?