Jamie,You can buy the other lake home using a 15% down investment program or DSCR. 

More info on what goes into DSCR rates and overall program details:DSCR loans won't use your income to underwrite the loan.

Financing was streamlined through Partner Driven’s program, covering both the $50,000 purchase price and the $35,000 renovation budget.

There are a ton of illegal basement apartments all around Hudson County--maybe 10-15 years ago there was a program (at least in Union City) where many of these apartments were made legal, I think partly as a way for the city to generate revenue, and partly as a way for the city to have some oversight, since people were renting these apartments out regardless of their legality. 

Secondary would be for all of the clients, "Gators" who follow his program and use it.MAJORITY of the clients don't even have a little capital, enough to fund the first EMD deal and come back to the group for funding.

I recommend The Multifamily Mastery Program.

I do have a program that can close on a blanket loan in multiple states - they do tend to like to cap that at 10-12 properties or $1MM in loan amount per blanket loan.

Then if at the end of whatever time you have agreed upon, if the tenant still has not left, you can get the Execution to move them out.There are programs out there that may assist the low income tenant with first last and security as well as some moving expenses at a new apartment.

I know long time right but I would go to real estate events, REIA meetings so on and so forth, but they wouldn't give you all the information needed only bite sizes so you could purchase their costly programs.

.: Get the best of business news sent directly to your inboxVan Gundy appeared on the television program “God-Made Millionaire TV” in March 2021, telling the host she had a negative net worth of $50,000 when she started investing in mobile homes in 2015.