On-marketI negotiated a seller financing with the seller, and he agreed to my terms.

On the flip side, I am in the process of acquiring over $1.5M in defaulted DSCR loans form borrowers who are your age that put 25% down but had no money to fix any of the problems  = lost the renters and walked from the property.

Between the time associated with making the investment, tied up capital and associated stress involved, even if the investment breaks even or produces a small gain most would look back and wish the money sat in their account until a better opportunity presented itself.

Purchase price: $216,500 Cash invested: $12,750 single family home, purchased w/ the intent of $50-$100 cashflow monthly.

What you are trying to cover with the umbrella policy is the 'slip and falls', which can easily be a million dollars or more if you are found liable.

Contact the zoning department and see if you can get the property rezoned as a duplex.

A "kiddie condo" is the concept of buying a residential property with "owner occupied" rate financing made possible by having an adult child living in it, if only while they're in college or single.

Those pictures protected us when the guest contested the charges.

You could also explore HELOANs instead of HELOCs or consider a second mortgage option if refinancing isn’t ideal.If you need lender recommendations or help finding the best option, DM me and I’ll point you in the right direction!

Here is the link:https://docs.google.com/spreadsheets/d/1phAGZjC6Q8icthtcV-17nN-nla0TsGtyRJghxpdc6jQ/copyThanks!