For most out of state investors Vegas isn't the answer it is similar to the inland empire but more isolated from the job centers in LA and Orange County (ie if you live in Vegas you work in Vegas)  I encourage you to look at both and possibly other markets, but if you are counting on appreciation and are planning to hold for a long time Prop 13 in CA is a nice thing to have.

I wouldn't count on that, but I'm not sure id want to pay it off now when I could get a higher return with a rental and just save.

Morning Everyone, Well, I guess you can sort of count the rent I've been getting from my roommates while house hacking over the past 8 months, but this morning is my 26th birthday and I woke up to the Chase Quickpay rent payment from my tenant at my first true investment property. 

The ten loan limit is for agency financing, but different banks will count it differently.

(Not counting my residence of course).

When you partner with someone, the money they put into the property isn’t counted against you as debt on your credit score which can have a negative effect on your ability to get loans etc. that is one of the benefits of partnering with others.

If it doesn't hit all of those I wouldn't count on it and try to line up alternative financing.

I Always advised buyers to count on having to chip something extra in, above the purchase price, in situations like these, and adjust their offer accordingly.

BP-I️ am opening another HELOC on a property this week and was wondering if the loan brokers out there can help me understand exactly how this is effectively counted “against” me in acquiring a new loan for the next property

I have been working sales for about 6 months now, and cannot count my commission towards a mortgage for 2 years.