We are planning to hold it for 5 years and bought a rate cap to cover the entire hold period. 

The lease I had before, I purchased from RentPrep, and I really like it because it covers so many things.

My plan is to funnel the rental incomes from all three properties, along with my W2 income, back into the HELOC while covering all expenses from it as well.

Last, I would like to also say that if a company WERE to sue a BiggerPockets member for defamation in a forum thread, that I would be very interested in covering the situation as a news story.

One thing to be aware of is the FHA multifamily self-sufficiency calculation which determines if a property can generate enough rental income to cover its mortgage payments.

The idea is to use this property as an office space, giving me the separation I need from home while providing a place for my assistant to work where I can be more hands-on with them.The business would pay rent for the property, which would cover its expenses.

At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.

The renter has given you the money to cover your borrowing costs and pay for the home's upkeep. 

The other hurdle many run into is that you need to have funds to close and cover reserves in a US based bank account.  

The terms are usually more flexible than hard money, and you can negotiate interest-only payments until the flip sells.Business Credit for Real Estate – A lot of investors use no doc 0% interest business credit to cover down payments, materials, and labor costs instead of tying up personal cash or taking on a loan and you .