No Interest or Loan Fees: Hard money loans typically come with high interest rates and additional costs that can quickly eat into your profits.

@Andrew Syrios Tulum  ruins of course and if you can make it Akumal to see the giant turtles eat under the sea!!

You can increase your net worth by investing in assets that appreciate instead of spending your money on vacations, expensive vehicles, designer clothes, and other luxuries.Cut unnecessary expenses: Many people spend more than they realize on daily expenses like eating out, buying coffee and snacks, unused subscriptions, and other things.

At this point in our market it seems like to me the better option would be using the HELOC for the entire purchase just because the interest on two different loans would eat up any possible cash flow.

Here are a few common mistakes startups make when purchasing an investment property:They calculate expected annual gross income based on 100% occupancy rates.Poor property management results in tenant turnover.High vacancy rates cause lost rent.The local rental sector is experiencing a downturn.High maintenance or repair costs eat into profits.Getting rental rate wrong—either not charging enough or charging too much.Before selling your rental property, it’s crucial to determine the reasons for lost rental income.

If you're experienced and want in-depth features, Propstream might suit you, while beginners or budget-conscious folks might prefer Privy.

But what if your current financing strategy is quietly eating into your profits?

I would eat the cost associated with the inspection. 

If you are buying a single family house, two trips per year will likely eat up all your "free cash flow", so you might as well have it be a place you would go anyways to visit family, or near a vacation spot, etc.

But realize also that if you pay off a 2.99% loan your payment on the DSCR is most likely going to skyrocket and eat up a lot of that  cash flow.