I'd think it's odd for a contractor to ask you to cover their fees for licensing, they should just build that into their bid.Typically for smaller contractors doing windows and doors or re-roofs we've seen them add a permit fee which covers our services the cost of the permit and also most of the time puts money back in their pocket.

I just remind myself that RE investing has been around forever and boom or bust there has always been money to be made you just have to never get in a position where you could lose everything.

Start writing down the seasonal preventative maintenance you need to do and how much repairs cost. 

They are willing to write difficult loans such as lower credit scores, 1.0 DSCR, foreign nationals, non permanent resident aliens, more than four unit properties, .

I would be looking at about 50 K loan and can go  upto 12 % interestTo be clear this is only for future ..most probably next year when I start to scale 

We're hoping to do seller financing when we buy our first rental investment property, so I'll be hand-writing letters to long-time owners of rental properties (mostly single family or small multi-family).

@Daniel Stoychev both location and numbers are vital to consider when evaluating a RE investment.

With this we will be able to save quite a bit more for future purchases.  

That would be a good way of creating future opportunity and strength over a HELOC.It really depends how much equity you have and how much you want to use.

Hi Nadeem, Out of state BRRRR's has been something I've kept in the back of my mind as a strategy to pursue in the near future..