Networking How did you finance this deal?

The usual way, but not the right way, to try to buy a rental is by finding a property on the MLS, where agents congregate, make an offer and then try to get financing to buy the property.

That's when we call you, so cash deal, not hard money, no financing, need to close it on Monday. 

If someone was over during a high consumption month I'd give then a notice/warning for the first month along with some energy consumption tips then tack it onto the rent. 

Generally yes a HELOC will go off your personal finances so qualifying is generally based on your income, liabilities, and credit. 

I financed this property using down payment funds from 403B and a local commercial bank.

Does anyone have any tips or software tools to help give estimates on pricing and the potential occupancy of the rental?

How did you finance this deal?

Local real estate broker How did you finance this deal?

Department of Housing and Urban Development (HUD) and Bankrate, the big perks of an FHA home loan are:Lower Down Payments: They typically require a smaller down payment than conventional loans, sometimes as low as 3.5% of the home’s purchase price.Lower Credit Score Requirements: They’re designed to help buyers with credit scores that might not qualify for conventional financing.