Check with your tax professional about your ability to deduct the interest on a HELOC from your taxable income.2.

I appreciate the ability to teach out to you with questions!

If your numbers are solid, you might even be able to cover the monthly payments out of the rehab budget.This kind of setup works best for properties that need significant rehab, and you need to be confident in your numbers and your ability to get the work done. 

Very satisfied with the results, operations and and the ability for both manual and automatic shut off before a leak can cause damage.. 

It's one of the most important elements of making a deal happen.

I don't have the skill set YET to gauge rehab costs and try to BRRRR, but I'd like to learn.This is definitely a choice but my option is that you will do better if you focus on duplexes and cherry-pick a few SFRs as you come across them.As for your Strengths, it sounds like you have an excellent ability to save and your ability to bulk analyze data will serve you well to identify big-picture areas, property types, and characteristics to focus on.I like that you realize the first investment will not be your best investment.

“Money goes where money is treated best.”Your future ability to attain and maintain financial freedom depends on the city where you invest.Investment TeamAn essential location selection criterion is an experienced local investment team.

It is restricting my freedom and ability to buy more properties.

it was my version of cash for keys - only it was more an agreement to not have their ability to rent again trashed for keys (definitely cheaper).Sorry you're dealing with this. 

However, understanding their requirements—such as down payment percentages, reserve requirements, and loan-to-value ratios—is key to getting approved.One of the biggest advantages of working with portfolio lenders is their ability to fund deals that traditional banks might pass on.