My go-to HM lender has approved to finance a purchase that needs some minimal work, like a month or less worth of work. 

My fiancé and I just purchased our first property, a duplex, and we will be living in one unit while renting out the other.

Here are some of the details:Wouldn't Purchased: June 2023Size: 4,300 SFlocation: Greenville, SCTenant: NNN lease, 3 year lease with renewal options that commenced in April 2024.Tenant pays $6,200 total. $5,000 net after taxes and insurance Internet is responsible for maintenance.Down payment: 30kValue: $725k +Current loan: $440kI just wanna pull $50-$75,000 of equity out of the property without being killed on a really high interest rate.

Far from covering your negative cash flow but covers half of it and is a good indicator of future rent growth.2.5 years ago i purchased my first negative cash flow property (but for years i claimed I would buy a negative cash flow RE if my underwriting showed a return that met my criteria) and it was a lot more than $800/month negative with my underwriting (which was quite close to 50% rule).  

Purchase price: $584,000 Cash invested: $116,000 This pet-friendly 3-bedroom, 3-bathroom house overlooks Aunt Patty's Pond and is adjacent to Dennis Pines Golf Course.

I'm considering purchasing a vacant land in 19123 and would appreciate your guidance: 1.

Just purchased a new home and will close on that home on 8/30/2024. 

Without knowing the specific terms of the purchase contract and exactly what point in the contract you’re at there’s no way to answer the question I’m guessing you may be asking.  

I have had two occasions where Steadley had done inspections on my properties after I purchased them. 

It makes sense to rent and save up that extra money to apply towards a future purchase.