At this time we aren’t pulling funds from that home.

If you have any questions or want to discuss funding alternatives, feel free to reach out!

The forward treasury curve suggests that the Fed needs to decrease the fed funds rate 200-250 basis points from Sep-24 to Dec-25 for us treasury (and mortgage rates) to stay flat to where they are (i.e., us treasury (and mortgage rates) have already priced in future Fed expectations and mortgage rates will go up or down if the Fed cuts less or more than 200-250 basis points). 

Considering you're planning on putting $15K into the rehab, you could benefit by looking into short-term FNF/FNH financing options as well, if you don't have the rehab funds available.

They've recently evicted a tenant for non-payment and have not received any funds toward their outstanding balance, nor have any of the utilities been paid.

Make sure you have cash reserves for 6 months , steady w2 job if things go south and do not plan unnecessary big ticket items until you stabilizeI have known people start with 40 k and used it to fund flips and work their way up and get Business Line Of Credit for 200 K in 2 years and after that of course it is very easy

With interest rates on the rise, how have you adjusted your funding strategies?

You do the work, they fund the deal, you split the proceeds.Read some books to learn about other ways to invest without a lot of money.

IF you ever have loans you cannot fund, hit me up as we may be able to get them funded

I have been pondering alternative ways to fund my first investment property.