Do you believe that reviews are the main pillar for securing more reservations for a property that is already listed?

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

I got rid of about $2,500 worth of trash out cost but then some one can in that night and took all the appliances ...lol Wont do that again or get an alarm.

We like the safety and security and less work of the smaller portfolio with low risk.

I'm also considering having them review the lender agreement forms before signing and securing the loan.

My strategy is to use the heloc as the down payment to purchase the land and secure financing for a construction loan.

She breezed through her application, has great references and credit score, had already paid her July rent/security deposit, has insurance in place, and is set up for auto-pay going forward.Thanks for your insights!

You may have to pay off the whole mortgage if the due on sale clause is exercised.No need to move in an LLC if it has a big mortgage and insurance.An LLC can also give you a false sense of security that can easily be pierced with a decent attorney.Just have correct insurance and properly maintain your property.

No tenants - No turnover, evictions or chasing rent.No liability - No worries if a homeowner slips and falls.Secured - the investment is secured by real estate.Insured - unlike a stock, the collateral (property) is insured.No taxes and Insurance - Homeowner pays and TI is typically escrowed with the servicing company so no need to track.Notes are typically more liquid than rental real estate.Consistently higher returns - Typically double digit.Scalable - easier to manage several hundred notes versus several hundred rental properties.No HOA or COA - homeowners must pay directly.No property management costs - instead we pay a fraction to a servicing company to collect payments.

Russell, the property owners terms of note secured by the real property, unless in foreclosure, have little to do with the tenants obligation.