Hi Bobby, I'm the ops manager for the Property Management Division at Milestone Premier Properties and a licensed realtor and investor.I actually live in Denton too butour brokerage is based in downtown Denison where I commute 2x a week.

The reality is this will not happen.

So, in reality every month your moving close and closer to sucking out months/years of profits via items aging out, cap-x coming to bear. 

., perception is reality!

How It All BeganSo, picture this: it’s 2024, and I’m 26 years old, stepping into South Florida like I’m starring in my own “rags-to-riches” reality show.

Also, most banks will not allow you to "borrow" your down payment, so what you would need to do is get the 50K personal loan and then have it show on your bank statements for two months (without showing the money being deposited, so in reality this could be 3 statements before you have that. 

You’d be shocked by how little actual screening many PMC’s do!

It may make people feel better but does it actually do anything?

You’d be shocked by how little actual screening many PMC’s do!

I'm on house number 4 that I've lived in and renovated, so I agree that's a good strategy (I've done it just through life, not actually a purposeful strategy).