If you can find a lender that will borrow you that much, you don’t mind being negative $800 give or take per month, and you don’t have anything for the bank to go after if you fail.

@Justin JohnsonYou need money to get money (leverage) - having an fha mortgage did you put 3% down.Until you get 20%+ down it’s going to be more complex to get leverage and I would argue even if you could get leverage borrowing money with no reserves is a very bad idea

Is it wise to borrow from the equity to make any necessary repairs, or should I delay the rental process until I acquire enough savings in 12+ months?   

It might not be the case when my portfolio grows.Besides, I consider it as a way to borrow money from the house tax/interest-free.

It was close to the public library, where Ashley liked to borrow books and movies, and there was enough space for their clothes and kitchen wares and their cats.

Broker is out a very large amount of their upfront money .. scammers have borrowers info..

I've had a lender do this before to a borrower of mine and it just becomes a headache getting their calls and emails everyday for weeks.

When I hear borrowers tell me "well, my other lender does not require title insurance" I think of these situations. 

I have borrowed against the property to fund other development projects via a heloc.

@Brittany P.Yes some states like Florida a cfd is treated like a note so if you have to foreclose it’s my understanding all proceeds above go to that borrower.