I also use business lines of credit from banks, but for this banks definitely want to see revenue (usually 5-10x the amount of a mine they will give you).It is important to remember though that just because these lines and CCs are not immediately reported on your personal credit report, if you miss payments or default you are personally liable and the debtors will add it to your personal credit report.

In addition to down payment you need reserves which is 12 times or 24 multiplied by all you debt.

•Use this credit to fund additional properties or expand into other ventures.By the end of Year 2, you’ll have:•Two LLCs: one for operations and one for property management.

If you need help with funding or additional guidance at any stage, feel free to reach out.Best,Drago

You may even be able to fill additional rooms if the potential resident knows others who are traveling to your area.3.

I can't remember exactly, but I believe the main ones had to do with additional parking restrictions and water.

I will split a giant master room into two smaller rooms and will convert the living room to get the additional three rooms.

I’ve used seller financing as both a buyer and a seller and it can make a lot of sense in certain circumstances (for example I used it as a buyer when I reached the maximum number of conventional loans I could get, and I’ve used it as a seller to both increase my net proceeds (due to collecting interest as “the bank” in addition to the sales proceeds) and to lessen my capital gains tax hit by spreading it out over a few years).

Rates are pretty high (12-15% with an additional 5% of the loan paid at maturity).

In Tampa area I am well connected as a PM and broker and have a lot of off market in addition to MLS.