Keeping a W2 for a while will make it possible to get loans and use leverage to invest.

These typically account for about 80 to 85% of all expenses in a flip.If you know the lenders' terms and the loan duration, lender fees, the second greatest expense, are easy to calculate.

Additionally, I wanted to begin using properties to pull equity to go towards buying more.

My recommendation would be different if you were a high-income earner or if you wanted steady equity growth.

You should have a chat with your accountant, if you had a loan on the property, you may need to buy a property for more than the cash you received to defer 100% of the gain.Best of luck

They are not good on equity growth side of things.  

Compare Loan Terms – Ensure their rates, fees, and terms align with your investment goals by getting multiple quotes from other lenders. 3.

Got an equity line of credit and borrowed from it to pay cash for the property.

Loan had high terms of 9.5% calculated to 20 years and a balloon payment on the 3rd year coming up this April 1st.

Question: Should I collateralize the loan (if using private or hard money), or rely on roll-over loans (to maximize the lower points and 3-4% rate)?