Tim, thank you so much for the thoughtful response here.

Let me get this right, you are going to go to school and spend countless hours getting a masters degree so that you can get a promotion for a few years so that you can quit that job and work for yourself??

It's in high demand so we booked in 2022 to secure our dates.

Plus, we always encourage collaboration, so there might be opportunities for you to get hands-on experience while learning from seasoned investors.Check out the details here: https://levinecapital.com/treasure-coast-subto-meetup-in-port-st-lucie/Would love to see you there!

So if the house is worth 300k and you owe 200k then most you could pull out would be 40k (minus costs) and it would be a second mortgage most likely which would be expensive. 7.5-9.5% likely.But, you can put as little as 15% down for a conventional loan on a single family.

The 6% vacancy rate is a good estimate, but local market fluctuations could affect rent.The HML terms (11.95% with 3 points) are high, so ensure a clear timeline for refinancing to minimize interest costs.

GeGe, thank you so much for the info!  

@tj @TJ Dittmar So, something like this: https://www.realtor.com/realestateandhomes-detail/516-N-Lumb...?

This is a great place to learn and to connect with people so take advantage of all the great resources.

What kind of documentation I need to get so I don't lose my capital.A neighbor of mine came with this ask of funding for building houses .