If I don't use those contingency funds for the roof work, I'll need to fork over an additional $5K in cash.

Only make offers with seller credits that can buy down the rate to a place that makes financial sense. 3.

I purchased the property for $690K and invested an additional $20K in remodeling.

Seattle has a host of additional classes that you have to deal with above and beyond the federal seven.

Additionally, our strategic marketing efforts highlighted the property's best features, attracting buyers quickly.

Are they wanting so much reserves in addition to the down payment?

UtahAmericafirst 80% LTV on noo 65% LTV UtahArvest Bank AR, OK, AL, MOBancorp SouthTX Lines of Credit on free and clear housesBank of Southern CaliforniaCABank of West (BNP Paribas) 60% LTV CA, AZ, ORBB&T will loan on a rental portfolioBBVAnow PNCBECU for ORBellwether Community Credit UnionNH and MA 85% to 100%, draw 10 yrsBMO Harris3 HELOCs to 70% LTVBoeing Employee Credit UnionCal Coast Credit Union, CAChange WholesaleCitizens Bank -MiNonly in-state.

@Dennis Gallof In addition to the safety concerns ....Good luck trying to evict a non paying tenant in an illegal apartment. 

I'm happy to be of assistance if you need any additional information! 

Hey Zachary I think it's essential to look beyond mere interest rate differentials and focus on strategic benefits, particularly if scaling your portfolio is a long term goal.Key considerations:Pre-payment penalties: Determine if the HELOC has any penalties, impacting your flexibility payoff.Scaling strategy: Evaluate the scalability and limitations of each financing option.Advantage of HML: Allows scaling without hard credit pulls, and no pre-payment penalties.Holding costs: Factor in not just interest rate differences but also ancillary expenses as well as overall goals of scaling.Example scenario:Property purchase for $120,000 with $30,000 renovation.