If so, why not partner with someone else that can help you fund the deal, either 100% or have your money partner fund 20% and a commercial bank fund 80% then flip it and split the profits w/ your money partner at whatever split you all think is most fair? 

I absolutely collected first, last and security for my class-C rentals until NYS prohibited that practice back in 2019.Many tenants cannot manage their money properly, so this mitigates the issue of not being paid last month's rent when they need to move and the new landlord is receiving those funds they have allocated for their housing during the last month of their stay.This was also helpful to me to pre-screen who has their financial house in order and had saved for their moving costs as part of their planning.If I still could, I most definitely would - without exception.

Hi @Dave GreenIf you sell the rentals, or even just one, you can use the funds to cover the down payment on a DSCR loan.

You’re not alone in that.Let’s break down a couple of things:Your Home: Renting it out could generate cash flow, or selling might give you funds to reset.

I know several who invested in my fund with a LLC and regret it because they close the LLC because I just costs them more money every year and to transfer it back into their personal name is additional paperwork and costs to transfer.

. $5,000 was not an amount of money they readily had, and they requested I allow them a couple of months to gather the funds so their kids could have a Christmas.

I will have enough reserves to cover the holding costs as well as some left over as emergency funds for the property.

This is my first flip and I'm using a heloc on my own primary to fund the project.  

Yes, you spent time to acquire and manage the property (unless the cash flow can also support paying for a good property manager), but you have none of your own funds invested, and you can use those funds for something else.You ARE recouping your initial funds.  

Hey everyone, I'm in the refinance step of my first BRRRR and am thinking about how I can fund my next deal.