If you’re upfront about your plan and your lender is on board, you should be good to go.Sounds like a great strategy!

Hi @Sam M.there are great answers on this post but I want to clarify something.In a real estate transaction most of the items are negotiable.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

Hey Sam: Daytona Beach is a great area, with a few exceptions.  

This is a great place to learn and further investigate investing in real estate.

I buy and hold and do short term rentals and mid term rentals.Located in Racine Wisconsin  Hello Gabriel: I also live in Racine County there are some great deals our way and including southern milwaukee county too!   

We set up our CPA, LLC, website, marketing plat forms (social media), investor (sponsors) list, I have an operation manager, acquisition manager, and myself leading the charge.

If you ever want to get into a tenant nightmare of costly potential litigation become a landlord, have the ac go out in Phoenix in July, and inform the tenant that you just don’t have the funds to replace it!.    

The next time someone is giving you grief about their cancellation policy, send them this helpful link:What Part of No Hahaha that is a great story!

Quote from @Fidel Mercado Gonzalez: Hi Theresa,Thank you for sharing this information—it’s really helpful.