Balancing the budget to make impactful upgrades while avoiding overspending was key to our success.

The HELOC will provide flexibility to draw funds you need for rehab and the purchase of the property, whereas on a HELOAN you will be paying interest payments on the entire balance from day 1. 

Garry's book is on my list, I already read rich dad poor dad a few years ago although I might reread it once I have a empty list.I aim to invest in my first property within the next 2 years, and I keep my savings high while keeping a balance of fun and saving.

You can also see the number of posts someone has made on the site and balance that against the number of upvotes.

Here are a few tips that might help as you get started:Market Analysis: Since you're open to out-of-state investing, look for markets with steady population growth, job diversity, and a balance between rent prices and local wages—those factors often hint at stability and demand.

I’m looking for an investor-focused realtor in Edmonton who understands the importance of balancing risk, ROI, and cash flow.

Post Covid-19 years, we learned that balancing our rental portfolio was important in order to withstand rental payment shortcomings during difficult times.

If the payment is less than the mortgage balance, the owner remains responsible for the difference. 

If you expect a large tax balance this is why people rush to get it into services ASAPEdit: To also add if the taxpayer qualifies for the "STR loophole" as some call it, even if they don't have much rental income, they could use the losses produced by that STR to offset other income.

Balance sheet and depository relationships (some banks requiring upwards 10% of loan amount) are being prioritized over merits of the deal/collateral.