Hi Everyone,I've been saving up and now have over $150k in liquid funds.

It secures the loan with equity from the current portfolio, so providing liquidity for the down payment.

What a cool place you have!

You will need significant liquid funds though for down payment, closing costs, and reserves. 

I've got $1M in equity tied up in a rental property that I will sell around June '25 to generate liquid capital . 

If you act as a consumer and unless any of the legal exceptions apply, you have rights to cancel the Subscription Listing Fees during the cooling off period.

Nexus Capital will serve as the stalking-horse bidder, acquiring most of Big Lots' assets and operations.The company, known for selling home goods through closeouts and liquidations, secured $707.5 million in financing to support operations during the bankruptcy process.

Sounds like a really cool project!

i don't think that's the case right now.I think turnkey is a good option if you have significant liquid capital, want to buy in a solid market in a solid area, couldn't care less about cash flow for 10+ years and are even willing to be negative, and are willing to pay for repairs and capex without batting an eye. 

Key things this week: Inflation DataCPI drops tomorrow, PPI on Thursday—lower gas prices might cool these numbers a bit.