We rented to them as they had cash from selling their home and paid us first, last, and security plus 3 months of rent extra.  

Then you have the full amount available to you, ONLY IF YOU NEED IT.3) Secure funding for the property using someone else's money. 

However, you will need to pay the additional cost of securing a new mortgage.This is based on:* I added $600 to ARM to cover its additional expense (increases monthly payment to $5,104)* No prepayment, except all paid off at end of year 5 for both loansThese are the monthly movements, I hid a lot of rows for simplicity

I recently purchased land in South Texas with plans to build my forever home. I paid for the land in cash and am now looking to take out a construction loan to build the house. Does anyone have experience with banks i...

How secure are your two jobs?  

While some point to tax benefits or the potential for higher interest rates compared to banks, the real motivation is usually the perception that the seller can secure a higher price by offering financing.

Yes, most definitely at that credit score depending on the prepayment penalty you want and even at 20% down I can secure you financing anywhere in the 6's.

I'm wondering if any veteran on BiggerPockets has ever utilized their VA loan to secure any multifamily property ( specifically here in Los Angeles County), i'm familiar with the process but just wondering if anyone has ever done it.

If you're serious about building wealth and securing your financial future through real estate investing, you know that financing can often be one of the biggest hurdles.

@Ola InyangRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.