Quote from @Patrick K.: Hey Mike.

Originally posted by @Matt K.

Hello Jon K.

I rent every room in my house out that my kids are not in so that brings me  1500.00 more I get 1000.00 from the trust only but grateful I get it  and I have another rental I covertly rented for 1700.00 I am actually working on two more rentable places in basement and a tiny home I got a good deal on to rent as well.that will bring my income to almost 7500 a monthI have a resource to get 140,000 k as long as long provide a house to them they can rent for the rest of their life,they are sick and we talked the terms out as he will sign the house over upon death.

Quote from @Mike K.: Quote from @Jason Allen: Sounds like a legit plan.

@Rob K.

Quote from @Mike K.: Wow, that's quite a modern design.

There are costs associated with doing a HELOC.If you WILL be living in the property for the first year, get a 5% down, or less, FHA/Conventional/203(k) loan for the purchase and keep more of your money in your pocket for future purchases, repairs, etc...On the second property, use a private lender to fund the acquisition/repair costs if any, and refi out using a DSCR in 3-6 months.

Quote from @Sepehr K.: Hi Ed,I'm going to send you a DM with a scenario that can work.Can you dm me also please.

@Michael K GallagherThe nearby grocery stores are Safeway n Frys.