If you’re not in a rush to tap your equity, holding off until rates come down could save you money in the long run.

IE motivate them for money. 

.- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.

Originally posted by @Jay Hinrichs:Although in the MFR realm this is not a Guru how to make money with no money..

However, a good real estate accountant is worth what you pay them because they will save you time and money. 

You can get a HELOC if there is equity in the property most likely, which there should be since you own it in cash, but you will just be decreasing your pay out and then may end up short in repair money, depending on how much it is worth.

They too get their money back and still get access to everything for 12 months and Mr.

Once it is operating, it doesn't require a ton of time, save & except when you have an emergency come up.

Private Money vs Hard Money:Primate money is negotiable.

You should jump into the weeds as long as you have a few exit strategies, know the market, have a stable 9-5, and emergency savings.