@James Lowery Sounds fantastic, I'd love to catch up sometime soon!

Now with time and rent growth, what could be a negative cash flow property might very well become a cash flow king, but that takes patience.Another way to increase cash flow would be renting out rooms in the unit you live in, either Airbnb or longer term.

@James Hilfiker I don’t see why not.

nice post.. were i see 100% financing is for EXTREMELY experienced operators that have been with their HML for years and years.. and the deals are no more than 60 to 65% LTV.. this does happen.. but its only for those special few repeat clients that have years of working experience with the lender. totally agree on the ones that require a larger fee up front I just hearken on the American Greed episode with Remmington Financial the King of pump and dump due diligence lenders.. 

Chris -   some lenders  will not let a HELOC in 1st position.....so watch for this …...most lenders  will not do helocs on  investment  property only on primary residences  ( there may be some exceptions )   …..if these have 2 adjacent tax lots - you prob wont find a lender to lend one loan on both  properties  …..I would recommend  checking with the smaller banks and cedit unions in your area ( n Pierce / s King counties ) good luck

I am the real estate agent and we used James Hirbour from Jeanne D'Arc Credit Union for the mortgage and had a great experience.

Hey @James Marshall.

@James Masotti I'd imagine the tenant pool In Compton Village, Wilmington is much different than Hockessin.

@James Galla Thats a good question.

Appreciation is nice but cash is king.