Then rent it to a qualified applicant willing to pay market rates.

My company is veteran owned and operated.I am interested in working with investors in the San Luis Obispo, Arroyo Grande, Nipomo and Santa Maria areas, but open to outside areas in California.I plan on getting my general contractors, as soon as I qualify to take the exam, to become an ADU builder.

We have told tenants many times that they actually qualified and we didn't need any advanced rent.

This can often qualify you for lower down payment options.- Private Money: Look for private lenders who might offer better terms than traditional banks.

I'd encourage you to talk to a CPA before choosing a path.Since you are already an agent, the odds are good you could qualify as a real estate professional status (REPS) for tax purposes. 

If you can qualify for it, get a HELOC or HELOAN on those properties.Or find a creative private/hard money lender that can tap into that equity in 2nd lien position or to cross-collateralize them with the purchase of the new property and use that equity towards your cash to close so you can buy that next deal without much cash out of pocket. 

For example, for each buyer client you have, call homeowners in their target areas and let them know you have qualified buyers searching in the area.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

I have some questions about qualifying for another mortgage when I have outstanding mortgages on investment properties.So here's the scenario:I am purchasing a Quadplex on 6/28/2024 and it's new construction.

Generally its likely not going to qualify for DSCR if it has any rehab, typical rule of thumb is no more than $2,000 in "deferred maintenance" or needed fixes/rehab on the appraisal inspection for a DSCR qualification.