Current landlord questionnaire - we send the current landlord a couple questions about on-time payments, cleanliness, eviction status, etc.2.

Prepare financially by saving for down payments, improving your credit score, and setting aside emergency reserves.

Are you strapped for the down payment?

They are short term loans, usually 6-12 months, high rate, interest only payments. 

We saw huge appreciation in the 2018-2022 inflation run up, but that has significantly slowed these days in my opinion.From a rental perspective your monthly income per unit after all expenses with a typical 20% down payment is likely $100-300 when you find a property that will cash flow.

Repayment options can be more flexible like in my case I do everything on accrual this really helps flippers when they dont have to make monthly payments.

The best deal I can find today is one that you buy cash, invest a rehab and when you pull out 75% of your ARV you leave maybe a small amount of money in the deal and you break even (BEFORE DISCOUNTING FOR VACANCY, REPAIRS, etc) Yes that means you leave like 10-25k in the deal and your payment becomes $3000/m and your rent is $3000 a month or slightly less.This is for my local market and for Class B or higher RE. 

Find a down payment assistance program and see what that looks like. 

The Heloc can also pose as a debt obstacle since its an open end mortgage a.k.a credit card.a mortgage is also set up over 30 years so it offers a lower rate and payment. 

or, only after you've paid yourself back for your down payment?