Hello everyone, 1 week before closing, my lender notified me I need to pay a 10yr old out of state tax lien to get funded.

Don't delay because you have a double deposit.Double deposit, plus first month (prorated rent) and any other move-in cost before they get the keys in certified funds, no checks or promises to pay.  2.

Less funds for downpayments, stretched DTI even if we offer easier access with lower entry points, and more inventory than any point since H2 '22 or pre-covid in almost every market.

It requires being well funded if you want to avoid trouble.

Certain investors opt to buy properties on an individual basis, which they subsequently transfer to an LLC when funding is obtained.Ultimately, whether or not to create an LLC before purchasing a property is a personal decision.

My goal for right now is to gain some funds through wholesaling properties and then eventually obtaining a couple rentals in the next few years.

Hi @Tanner King, if you have funds to purchase, even if they are not in your checking account, there is no reason why that should stop you from getting pre-approved if you are willing to use those funds to help you purchase your home.

The rental property is entirely funded by the HELOC with interest rate of 3.6% (10 year withdrawal, 20 year repayment) and no mortgage on it. 

I brought a partner into this deal to get it done, I will be funding the rehab portion of this Fix and Flip deal.

When a number of tenants fell behind or didn't pay the rents, she defaulted on over 20 of them because she had no funds of her own to cover it.