Our offers include clauses allowing us to do our due diligence before closing and protect Earnest Money Deposit (EMD).

The DSCR loan would allow you to qualify based on the rent you are collecting and get up to 75% of the value (175 x 0.75 = 131.25k, minus 20k payoff and closing costs.You could get a line of credit or a bridge loan against it to borrow money, but it would be higher interest.

If you do have large gains you’re allowed to combine them as mentioned above.

Many would be surprised to learn that about half of all states allow discrimination based on marital status, meaning a landlord can reject applicants that are not related and not legally married.As always, it's important to know the laws of your jurisdiction.

If the law allows, I will sometimes move the personal items to storage, which is much cheaper than lost rent, so I can clean up the rental and find a new tenant.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Nobody watches your money like you do, you'll learn how to manage, so you can manage a manager later and you'll save precious early-years cash flow, which allows you to scale faster, especially in the first 5 years.

They have allowed me to quit my job as an Engineer. 

It gives you the flexibility kind of like a credit card that allows you to borrow a certain limit and withdraw funds as needed.

This is critical for protecting yourself, your property, and your neighborhood.Here’s why:Safety Concerns:Skipping checks could allow someone with a serious criminal history—like a sex offender or violent felon—into your property.