I'm an investor and mortgage broker and have options for loans that go as low as $75,000 and down payments as low as 15%, which makes it easier to stay above $75,000.

HELOCs are definitely a good option for financing BRRRRs.

Who knows, maybe you use that money and invest into a new type of toothpaste that blows any RE investment out of the water.

You've only owned it six months, so you probably haven't dealt with vacancies, maintenance, or capex, but you should be setting money aside for those things.Your partnership agreement (if you have one) should address exit options.

Hello - After listening to the podcast, I've made a commitment to purchase a rental property by the end of Q2 this year (ideally by the end of Q1). I am interested in buying a long-term turnkey property in a nice area...

What's better for heating gas or electric? Building a cabin in a tourist destination that does not have easy access to gas or electric.So I will need to run electric line anyway and considering installing underground ...

Are there other creative options I haven’t considered?

Thank you,Jerry Jerry, I recommend getting in touch with an experienced broker who can educate you on all the possible options in the investment space for cash-out refinances.

In option 2, your costs are $25k higher.

Once the city gives direction, then start to look at available options and penciling out the numbers to see what makes the most sense.