Hi Everyone,I own about a dozen properties in Texas and I am trying to get some cash out.

If you had a paid off rental house, and others with mortgages, and you wanted to use the equity in the paid off rental for a cash offer on another property, how would one do that if the DTI ratio doesn't work due to having too much credit utilization with the addition of the new loan.

I live in Glen Burnie, and Providence Center has a house in my neighborhood.

Real estate investing can be a great idea for several reasons:Potential for Appreciation: Over time, properties often increase in value, allowing investors to build wealth through appreciation.Passive Income: Rental properties can provide a steady stream of passive income, helping to cover expenses and generate cash flow.Tax Benefits: Real estate investors may benefit from various tax deductions, such as mortgage interest, property taxes, and depreciation.Inflation Hedge: Real estate tends to keep pace with or outpace inflation, making it a good hedge against rising costs.Leverage Opportunities: Investors can use financing to purchase properties, allowing them to control larger assets with less capital upfront.Portfolio Diversification: Real estate adds diversification to an investment portfolio, potentially reducing overall risk.Tangible Asset: Unlike stocks or bonds, real estate is a physical asset that you can see and manage, providing a sense of security.Control Over Investment: Investors can influence property value and income through renovations, management decisions, and property improvements.Building Equity: As you pay down a mortgage, you build equity in the property, which can be accessed later through refinancing or selling.Community Impact: Investing in real estate can contribute to community development and improvement, positively impacting neighborhoods.These factors make real estate investing an appealing option for many people looking to grow their wealth and secure their financial future.It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

Purchase price: $95,000 Cash invested: $175,000 I worked this deal for 10 months until finally got it.

Portfolio lenders or private financing (HARD MONEY) also works well for the BRRR strategy, but does require more liquid cash.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Looks like a great investment from a cash flow perspective.  

Purchase price: $150,000 Cash invested: $150,000 Rental of duplex What made you interested in investing in this type of deal?

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!