Using a Whole Life Insurance (WLI) loan avoids banks but accrues interest, potentially reducing policy benefits—compare this with other financing options like HELOC or seller financing.

It sounds like you’ve accomplished a lot in three years—congrats!

They were not in a position to budge as much as I had liked.

Hey Michael, I would be very careful with over leveraging on a deal like this.

I have 2 other monthly loan payments I would like to pay off or lump in with my refinance as I believe with the forced appreciation and normal appreciation I will be able to pay off most my HELOC (5.99%) and all of my Credit Card that is currently at a 0% APR until end of May.

Taking that first step is huge, and it sounds like you're already thinking strategically about scaling.If you're looking to minimize out-of-pocket expenses and maximize leverage, you might want to check out Avalon Capital’s 100% purchase & 100% rehab hard money loan.

So far, it’s almost going a little too smoothly and we sort of feel like we’re just waiting for the fall.

Neighborhoods in areas like Homewood and Hoover have been experiencing strong appreciation, and the rental market continues to be strong, especially with the growing number of young professionals and college students in the area.As a loan officer, I’m here to help you navigate the financing process, whether you’re looking for your first investment property or expanding your portfolio.

If you end up at out-of-state but have capital, you likely be on a turnkey solution.If you are starting locally, that may be wholesale, brrrr, flip, buy-and-hold, (STR, MTR, LTR), and more. 

Op ex ratio may end up being more like 45% or perhaps 40% with newer high quality construction.