He hired me about a week and a half ago, to obtain some consolidation capital for him, come to find out he has a $3,000,000 acquisition in which none of his funding team took any action to close.

Hello, I am a newbie with one investment duplex, is there a consolidated monthly/ yearly checklist to reference, so I am not forgetting to do something with my rental property? 

There positioning to ride the appreciation wave, than will liquidate to consolidate gain's to then re-deploy into the then struggling/failing MFH segment at scale. 

Some banks only use one bureau like Transunion or Equifax and whatever that score is they will use to qualify.My advice is to look into a cash out refinance first before you apply for the Heloc so you can pay off debts through the refinance process.Another option would be a personal loan where the bank pays off your debts by consolidating them to help you free up your DTI. 

I'm planning to just write "debt consolidation".

Hi @Sean HudginsThe Military Investing forum, along with numerous other topics have been consolidated recently due to lower activity.

So the plumber bill is not reimbursable, but drywall, paint flooring and all finishes will be covered to allow you to return to original condition.Citation:   https://www.investopedia.com/ask/answers/111815/do...Try to consolidate repairs into one invoice if possible for ease of approval with insurance. get a licensed reputable contractor to quote you to replace or repair your cabinets as needed and also do your flooring with like materials and no upgrades.

A couple others we moved in to some of our other units and the ones that consolidated to save $ will be on our preferred buyers list as we continue to reduce by 1 to 2 rentals per year.   

TD is trust deed. sorry for the nerd speak :D basically they are keeping their 1st mortgage as is, and then getting a 2nd mortgage behind it, specifically for the purpose of loaning those funds out. i guess my only suggestion if you intend to do this (aside from being really rigid in your vetting process) is maybe seek out a fixed rate mortgage. there was a post from another guy i read just yesterday that took out a 2nd HELOC (which was adjustable) to purchase a short term rental. now his payments have adjusted upward and he's asking if he should refi and consolidate. at least if your payment is fixed, you you have some stability. 

We also did a commercial loan to consolidate 5 loans into one DSCR loan to lower our interest rates on the other 59, which doesn’t count toward the Fannie Mae limit.