I would recommend doing both, setting aside funds to support things that may pop up and pulling out a vacancy percentage.

@Charlie Mitchell, I believe this all depends on your market, the funds you have available, or your ability to negotiate any type of seller financing.

Did you buy the property in cash fully funded by private money? 

Now I have $900 cashflow per month to pay off the HELOC plus some personal funds to get it paid off in 2 years.My ultimate goal..I might have listened to Dave Ramsey too much when I was young, but my goal is to pay off each property before moving onto the next one.

Now I have $900 cashflow per month to pay off the HELOC plus some personal funds to get it paid off in 2 years.My ultimate goal..I might have listened to Dave Ramsey too much when I was young, but my goal is to pay off each property before moving onto the next one.

I pay by ACH as well to avoid having to write checks and mail so they receive their funds quickly and it's efficient. 

About a year ago I did a cashout refinance to secure funds for other properties and the property reappraised for $480k.

They have like 40 different funding option. 

Hello fellow BP’sDoes anyone have any experience with Colonial Capital Management note funds?

I’m funding my first private loan this Monday.