And if you join Lowe's Pros, you'll get an additional discount (it's free to join).

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

In addition to being a lender, I am an investor as well so if you want to give me a call so we can discuss your numbers, I'd love to help you out!

In addition to your down payment, plan for closing costs (around 2-5% of the purchase price) and set aside at least 3-6 months of expenses for repairs, maintenance, and vacancies.

Local Facebook groups can be a valuable resource when looking for a handyman.

When you move forward, they should provide proof and name you additional insured.

That could be achieved without spending an inordinate additional amount in cap ex; In fact all I have seen had these items in common1.

In addition, you've got your HELOC on your primary you'd have to be paying back also.

I wonder if an inspector's license might be another good addition to our repository.

However, our tenant turned out to be problematic—late payments, issues that led to an eviction, and additional repair costs before we could relist the property for sale.Now, after months of making mortgage payments out of pocket, we finally have an offer.