Hello everyone,Just a little bit about me: I just turned 39, have a wife and 2 kids, have worked as a Pipefitter/Pipe welder for about 18 years now, and currently work for the water district for the East Bay area in California.

I also sent him a counter questionnaire asking him how he planned to spend the money he received from the sale.

That equity is cash and it can counter the higher refinance rate if you use it wisely to pay off higher interest debts and buy another cash flowing property.

Multi-unit and MTR/STR (where allowed) can help counter that, but otherwise it's quite speculative.

The smell is not for the pipe. 

It's a little counter-cultural, but it's part of the reason we are in a position to be able to invest in RE.

Hi, For a rental,  I have kitchen counter tops which are laminate and bathsinks/counters and bathtubs etc are standard builder grade.

I'm exploring alternative financing options and would greatly appreciate insights or experiences in similar scenarios.Key Points:Property Location: Cahokia HeightsPurchase Price: $17,000Rental Income: Approximately $1,500/month via Section 8Condition of Property: Updated plumbing, roof is in good shape, needs AC unit, paint, flooring and cabinets and counter topI'm considering reaching out to private lenders but would like to gather opinions on:Feasibility of securing a mortgage for a low-cost property.Attractiveness of this deal to private lenders.Any creative financing strategies that could be applicable here.Legal and tax implications I should be aware of.Potential risks and how to mitigate them effectively.Any advice, suggestions, or contacts in the private lending space would be immensely helpful.

@Seth WilliamsIt’s just something else that tenants will be calling about on a Sunday evenIng -“my shower is broke ..there is no pressure and o think it’s clogged up “ That or they will smack the head with a hammer or unscrew the head oFF and let water dump out if the pipe like a garden hose effect .

The greatest counter to fear, are risk controls, which comes from education.