@Bryan Otteson Below is the except from the FHA handbook."

Welcome Bryan -  I'm new here as well and just had an offer finally accepted on my first buy and hold property.  

@Darren Budahn I live in Rochester NY or the rust belt. 

Hi @Bryan DunalpWelcome!

Originally posted by @Bryan Cork:Brendan Canning I can second the suggestion for PenFed credit union, I just got approved for a HELOC on a SFR that I own. 

Thanks for running those numbers for me @Bryan C.

CA FLA and TX are the most populas states so more opps to defaultMI and OH  are in the rust belt and in areas that have more houses than people.

@Bryan Otteson In the long run it's almost nothing, especially with the cash (cash is king, right?)

I know its treated me well all these years and has led me to some pretty incredible financial adventures that wholesaling simply could not do.But if I lived in some of the rust belt markets or other markets were there are literally more homes than people to put in them. .I equate that as nothing more than being a used car salesmen.. price points are the same. style is the same.. once your done your done.Where real estate gets good is 10 to 15 years into it ALL of your business should come from referrals.. this simply will not happen in wholesaling.. wholesaling your just as good as the last sucker you talked into selling their house to you undermarket  :)

good concept Bryan, flipping vs buy and hold are keys to how wealth can be generated by using two different methods of investing aka envesting as i like to say, i'm a newbie in this industry my plan is to buy and hold rentals and later refinance the property and reap the benefits of the cash flow to purchase rehab and flip discounted properties that i find along the way, my strategy may be different than most but most of my educational coaching suggested looking at every deal as if it were flip and or rehab, i agree with Bryan, if i can get the cash flow and equity that buy and hold offers then that is the strategy that works best for me, but if i run across a flip/rehab that is worth my while then i execute accordingly but leverage is a important aspect of the buy and hold strategy will be implementing in my world.......good luck on your investing journey