This allowed us to close quickly and focus on adding value.

You should also have access inside the house in most cases.

If you want to have access to that money "just in case", a HELOC may be better.

If someone represents themselves as private lenders, check them on NMLS consumer access to see if they are licensed.

Just lay them off s quick a possible.

@Esther Iroko everyone thinks it's easy to DIY manage their rental - until it isn't.You now need to learn on the fly and quickly!

Phoenix has been a hot market for rentals recently, but consider how long-term trends, interest rates, or construction projects might impact demand.Here’s a quick story: A friend of mine bought a new-build in a suburban development a few years back.

The hard money lender I worked with was instrumental in closing quickly, and I partnered with a fantastic general contractor who helped me stay on track despite the challenges.

The hard money lender I worked with was instrumental in closing quickly, and I partnered with a fantastic general contractor who helped me stay on track despite the challenges.

Quote from @Kevin Robert Highgate: The ability to invest in property and replace your W2 income quickly is tough.