Using a combination of capital from both Partner Driven and our trusted partner, Seth Choate, we funded the purchase and renovation efficiently.

You can decide to utilize those funds to pay it off once you have that much or buy more property with it, especially if we get a recession where cash is king.

I now make it a point to budget for all potential expenses and have a reserve fund set aside for unexpected costs. 

Hi I own a rental apartment in an HOA complex that is rented out to a person who is part of state funded DDS program.

CAPEX can be minimized by purchasing the right property, frontloading fixes, and having a reserve fund- all of which you would have with an LTR as well. 

This approach can help you secure funding more easily without the need for traditional income documentation.

I want to increase my personal income to help fund a second rental, but my career limits me mainly to remote jobs and gigs.I’m curious if there are any other investors out there that started with a similar skill set to mine, and what other skills they developed to help increase their W2 income and to help build their real estate knowledge and experience? 

Consider factors like a down payment, debt-to-income ratio (DTI), and emergency fund.

I am looking to fund deals soley through OPM financing. 

These are small enough that they are still operated by ma-and-pa operators but they are typically easier to find funding, operators, and contractors for.