Just keep in mind that using that emergency fund to buy your next property and having tapped a HELOC already may leave you in a bad spot if you run into a similar problem again.Also, I’m not 100% sure, but I have heard that personal loans don’t your credit more so than other types of debt so be sure you look into that if you go the personal loans route and then planned to finance your next purchase soon after.

🔍 Investor Insight Needed – Owner Finance Returns on 1st Lien Positions 🔍Hey BiggerPockets community,I'm looking to connect with investors who fund owner-financed purchases in a 1st lien position.

Whenever I have used seller financing as a buyer I always put in the note that the note holder must give me the first right of refusal to purchase my note at the same discount they are selling it at.

Purchase price: $225,000 Cash invested: $56,000 Purchased 4-plex from a wholesaler.

An experienced agent will list your property with the language, "no showings until an accepted offer", to avoid violating your tenant's rights to the peaceful enjoyment of their home - possibly resulting in their lack of cooperations and a lawsuit against you.

Purchase price: $160,000 Cash invested: $40,000 Sale price: $268,000 I bought my first house in Kalispell Montana as a long term investment and possibly a rental.

Self-purchased and managed.

According to Tom Cruz hereafter referred to as DB, I wasted 31 years of my life training to become an ortho surgeon but the DB doesn't understand some people enjoy their jobs and are passionate about helping other people. 

My primary business is owning a wealth management company, and is where I enjoy spending my time.

Other considerations are the lost costs to sell and re-purchase other properties.