Just to have the line of credit there if the opportunity comes my way. 

(Couldn’t really afford the place, didn’t have good enough credit to be worried about an eviction, etc etc..)2) They should have posted a 5-7-10 (depending on local laws) to “pay or quit” as soon as the ent was late and started eviction.

For HELOCs without W2 income, look into local credit unions or community banks, as they often have more flexibility with alternative income verification and rental portfolios.

Water and sewage main laterals are all at the street running perpendicular to the lots, Power/Internet lines as well. 

Any internet resources and books that go in depth on these concepts would be very helpful! 

The ability to do what you want, when you want, and have money coming in to support that.Things to work on: savings, credit, going to local real estate meetups, listening to podcasts, reading books.

That is something a lot of the smaller credit unions lack.

Hey @Roy JenkinsAs long as you have good credit, typically above 720, being a first time investor won't be overly punitive.

Conventional, UWM Rate: 8.00%Lender Credit: $62030 Years Fixed You have to consider that a conventional loan does not have a Prepayment Penalty.

Maybe with automatic payment stuff and you can request changes to your credit card due dates, you can take as much advantage of the float.