Like many of you, I’ve put in the hours and years at my day job, saved, done the right things, and realized that I need to be doing more than relying on stocks and 401(k)s (I’m not a fan of mutual funds).

If you plan on continuing to invest and have a long-term perspective, then creating an Opportunity Fund and investing in an Opportunity Zone property might be a better solution.What is it that you want or need?

Essentially the bank is funding itself to get into the loan.

Hi,I am getting ready to buy my first long distance investment property with funds drawn from a HELOC on my first home.

If it is a Join Ventur, that would be different than them supplying funds in a lending capacity expecting a return. 

Or does this get paid out of the funds received from the HML?

I mean I don't really care I am just funding the deals.. but in some markets and that's usually were there is a lot of older homes and or rougher areas wholeslaers are the ones putting deals together whether its legal or not. 

Do you currently have enough funds to pay first month’s rent, last month’s rent, and a security deposit?

Mainly I am thinking about if I should risk using 1031 exchange funds from the sale of one of my SFHs for a down payment or if I should wait until I have cash.

I plan to use hard money to fund a portion of the purchase.