FHA-Owner Occupancy Loan, to limit down payment to be able to utilize for maintenance

There were challenging grading issues and limited access from the street to bring in utilities.

Research local market rates to set competitive rents, and consider offering utilities or furnishings to attract tenants.

Additionally, I am financially prepared to sustain hard money loan payments for up to two years, which is realistic for resolving occupancy issues in NYC.

If you have a better interest rate than available in today’s market would utilizing/exploring a HELOC make sense for your next investment?

Like you said in your post, "Buying and holding is a long term strategy...............focus on the end goal"The second reason for trying to get good deals is that if you can get a 10-20% built in equity off the bat, it has the advantage of:- taking a big part of the risk factor off the table- built in equity that can be utilized as required- better cash flowThere are a lot of people on BPs that say that "money is made on the front end in RE".

If you sit empty for one month, you lose $1250 for PITI, plus utilities and any other expenses.

Lender that can help me utilize HELOC to get me started and then help me grow my portfolio through BRRRR in PNW. 3.

If you’re looking for a cash out refinance utilizing a conventional type of loan then you can certainly pay off personal debt.

Two months ago we sold the property utilizing a wrap mortgage with a 10% interest rate.