This is also the same percentage that you need for a non-cash out refinance (more on why that is important later).If you purchased the investment property with a loan, then conventional loans will require you to wait 6 month to take cash out.This rule does not apply if you purchased the home with CASH (more on that in section 2).Let’s explore some examples here: If you purchased a property with a 15% down conventional loan (85% loan to value) and you wanted to get cash out, you wouldn’t be able to do so since the cash out limit is 75% of the “Loan to Value”.

These types of properties can provide strong rental returns without a massive upfront investment or needing tons of experience.If she’s curious to learn more or wants to explore some easy first steps, feel free to connect!

I could try to get the owner of the restaurant to lease the parking spaces but wanted to first explore other possible options. 

What alternative funding options did you explore?

BP website has grown so much since I was last exploring it back in 2018. 

Whether you choose to flip or explore other creative ways to build your portfolio, trust in your skills and knowledge—you’ve got this!

@Ming Li HerreraRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Therefore my only way is to apply to the municipality for an update, I want to explore this option but I have no idea where to start..?

Leverage traditional financing initially, and as you approach your goal of 10 properties, explore options like HELOCs, DSCR loans, or hard money loans.

I am exploring using my self directed IRA funds to buy real estate.