This will set you up to get future loans.

Hello BP Community,I've managed to save up around $90,000 to invest in my first rental property.

Welcome to BP Jamie.Professional photos and drone footage will help to set you up for success!

At this point in our market it seems like to me the better option would be using the HELOC for the entire purchase just because the interest on two different loans would eat up any possible cash flow.

That interest pays to me so I don’t have to give up extra interest money to the mortgage company and my 401k is pretty solid for my age.

Do you have any tips or resources recommended for getting up and running for a newbie landlord for just a room rental?

They do not vet their investors who could have gone out of business years ago but their profile is still up.

It will set up super thin like that and flake off.

@Michael Buska I sent you a DM and am curious what ended up happening?

Selling and dropping the equity into an index fund is a lower-maintenance option, but you’d be locking in your gains at a relatively stagnant point in the market.Given your low interest rate and the potential for rents to inch up, renting could be a reasonable play.