i'm getting ready to purchase my first rental property but I'm running into some issues, I own a home ( I live in) which has 100,000 in equity and I will like to use that money for down payment or just buy a property straight up but i got denied the equity loan because of a harp modification, I've only tried two lenders and one said my credit is not good enough and the other said the HARP Mod, at this point not sure what to do, I don't have the money for a down payment right now unless i get approved for a equity loan, being new to real estate investing I'm hoping I can get some advise on who will approve me being that there is 100's of lending companies, or how i can get a some money for a down payment, any help/advise will help.

Though sometimes just the location is good enough.- The premiums for STR insurance are going to be substantially higher than LTR, as you will be covering more liabilities and furnishings, and even more if it's an old structure.- If you are going to be more hands off, you will need a PM to run it, and they will charge a higher percentage in fees than on a LTR.- Be very aware of the politics, laws, permits, taxes, etc. of the area you choose to purchase the property. 

So either find a good enough deal that you’re going to be happy with the cash flow after the extra payment OR plan on doing a rehab and refi eventually to pay it off.

And no, just putting in searches in Zillow or with a Realtor isn’t good enough because by the time they reach your inbox someone else will have already viewed them and offered on them because they’re already a day old.

That seemed good enough for me.I am not a big fan of RGV.

I even put " contact Greg Hall with Horizon Properties for more information" and TREC legal stated that was not good enough and I had to add Broker or Agent in all advertising even as a principal

I am looking for potential investment deals and if I cant get a good enough deal then I will just list the property.

Even if it does turn out to be terrible I've burned way more than 49 dollars on way dumber stuff in real estate, that is for sure.editHe probably does not remember it, but years ago I reached out to him and he gave me some great advice on a niche form of real estate investing, which is why I am saying if it is good enough for him it should be good enough for me. 

it's mind boggling now how crazy it's in the private world of private investment right now, it's just because it's hidden outside public  realm so it's not in newspaper yet, but at least some part of it it's in realdeal and some in insider scoop market statistic, you can't find believe what some of the fund operator do to investor ;-) absolutely crazy imo, it's just I can't tell. being poor and basic landlord is good enough for me lol

It may make sense to you to look at using another PM company if you find she's not doing a good enough job for you.2) The price of rent - if you're having lots of actual viewings (ppl will always flake so I don't worry about that as much as people who actually come view and want to rent) and nobody wants to rent it, your place is probably not as nice as they thought.