with two fur babies (cats)Real Estate Background: Green (Current Renter), Book smarts to street smarts ratio  10:1Handyman Status: NoviceStrengths: When I am focused it becomes someone of an infatuation.

My name is Miranda Jung and I joined BiggerPockets recently as a new investor.

I would tell you that branding and marketing are not important to your  BRRRR strategy… but fur wholesaling they would be.  

There’s a lot people out there with no connections whatsoever in commercial real estate and you got one in your back pocket, your spouses Dad, the current or potential grandpa to your kids or fur babies!

@Anup Jung Karki- thanks ...if you  will need to use a loan - make sure to get formally pre approved  before  beginning to  search for the property . thanks and good luck

@Greg Junge you may want to check with @Travis Shelton

@Anup Jung KarkiMake the family friend a partner and the money can come from them, otherwise it will need to come to you.DSCR loans will typically require the debt service coverage ratio to be 1.15-1.25 with amortization of 20-25 years.

Our animal free units started off free of all animal dander, fur, etc. 

Quote from @Jae Ha Jung: I have a rental property that used to be my primary residence up to a year ago.I have over 50% in equity on that house and would like to tap on that equity without having to refinance my sub 3% mortgage.Do any investors here know any lender in the DFW, Texas area that would open a HELOC for investment properties?

Any advice would be appreciated, tax or otherwise.Thanks, Greg Junge