Also, the banks that did approve me told me that they could only use the rental income from the other units (75% of it) for an FHA loan, not a conventional with 5% down (which was my goal to avoid upfront PMI and have it automatically drop off at 78% LTV).

I have funds tied up in other projects at the moment but my inbox is FULL of solid deals.We are familiar with some companies that do this.Som will only do first position loans so in many instances you need to refinance out through them and it can get expensive if you ahve a low interest rate.

For those looking to scale their portfolios, now might also be an excellent time to secure funding.

I saw someone post in a group who I think is a schmuck brag about hitting a specific figure for their training and I just shook my head - like wow - this person is a great sales person and just steals the same lines from the business book about working hard and throwing out some slick slogans - but man oh man - when real estate gets hard people move to being a guru - just look at FB ads right now - many are not funds anymore but how to raise money, how to do X.

It’s possible but honestly, there is no benefit to doing a portfolio unless you have too, typically LTV’s are lower and rates are higher.Many pros to doing them separately rather than bundled.

I'm also open to flipping once I have some more funds on hand as I have some friends here I know that could help me with the right contractors to work with and start to make some money that way to get more properties.

My partner also wants reimbursement of the funds paid for the home inspection.

To implement this strategy you need to have the full purchase price in readily accessible funds, so it won’t work for the majority of investors.

I store some funds in a HYSA as well as lower risk investments.

The plumber will likely have to cut open the ceiling to confirm and make repairs, so you can save a little money by learning how to do that yourself, confirm the problem, and then call the plumber for repair, then patch the ceiling yourself.As Jonathan is trying to point out, it's important to expect these things and have funds on hand to deal with them.