Hi Julio,Depending on how many properties you own/Value of said properties and your loan balance.There are some private lenders willing to blanket 2nd position loans if the LTV they are at feels safe.

At this stage, you want to ensure that the property is cash-flow positive, meaning the rent covers expenses and leaves a profit.4.

If they're looking for $10,000 seed money and you have $10,000,000 sitting around - plus the due diligence checks out (legitimate opportunity) - that's relatively low risk for a good upshot.If they're looking for $50,000 seed money and you have $75,000 liquid, absolutely not.Personal financial position, coupled with due diligence, are important.

By leveraging an FHA loan and conducting thorough research, you can position yourself for success in the Wilkes-Barre/Scranton/Allentown area.

If the investor has agreed to put you in first position (lien) on the property, then that should also be visible on the insurance policy declarations page - under "Mortgagee" you should be listed as the 1st Mortgagee.

If I can figure out how to flip my property and install a Mid term renter in the offseason to get into the positive this would be an amazing bonus so I really appreciate all of the insight and help thank you!

If I were to sell the property, I would position it as a short-term-rental money-maker.

Is this a net positive or negative for Memphis?

Perhaps the Turnkey Company may even specialize in section 8 which would be another big positive if an investor is looking for less risk and government guaranteed rent and cash flow.

The rental income ideally should cover your expenses, such as the mortgage, taxes, and maintenance, while also leaving you with positive cash flow.Refinance: After the property is stabilized and generating income, you refinance it with a traditional mortgage.