@Chinku Chinku the rich get rich by making their money work for them.They borrow at one rate, to invest in something that returns a higher rate - they profit on the difference.Only you can evaluate your risk tolerence though.

How much tax do you owe and how much are you looking to borrow?

A lot of it has to do with location and time.If they are local owners looking at 1-2 LTR properties, I'll assist with identifying cash flowing/near cash flowing properties, assist them in the purchase as their buyers agent and assist with tenant procurement, listing, etc. but they can typically handle day to day management from there.Furnished properties, whether that be MTR or STR, are a lot more involved, as I'm sure you're aware of!

Plus new folks do a very poor job of screening the buyer for Ability To Repay (ATR) which involves pulling full doc and calculating the borrowers DTI, honest income, honest debt payments, prior debt payment histor (FICO) etc etc.Plus shockingly (or shocking to sellers) if you bought this investment house, fixed it, then are selling with financing you are selling "inventory" and y9ou owe taxes on the gain in the year of sale, you are NOT able to use installment sale to spread out paying taxes. 

I have assisted many investors with their Little Rock purchases. 

He's efficient and personable and is very able to assist you with questions if needed.Hope to discuss this with you further,

Financing a Multifamily (5+ units) project for a 0 experience borrower will be just about impossible to find. 

We lost about $100,000, which we had borrowed from family.

If you just borrow more money, you are getting deeper in debt. 

LoanGuys has a team of loan officers that help borrowers with their financing needs.