But it’s been way too long now with lIttle communication and now have a vacant unit for almost 9 months already.I initially wanted to invest more with them, however really need to see major changes before I do.

Hi folks I previously posted about a 5 bed 4.5 bath house for sale at 590,000 and has been up for 60 days. This house has an FHA loan that I can take over and all in it'll be 2k/month. however, the amount left on loan...

Bought it with hard money and then refinanced in a long term DSCR loan.

If property is occupied they can stay 90 days since you give them 90 days notice, before you can start eviction process ( in DuPage county takes usually 6 to 8 weeks ) You can try pay them to leave but usually doesn't work since they know how long they can stay for free.

Though it might be naive, I was thinking of a buy and renovate project that would cost between 150k and 200K.Any recommendations and/or resources towards this goal would be greatly appreciated.Hi Damion I have a long time friend that has been doing fix and flips in Philly for the last decade..he’s certainly done very well for himself. 

My long-term goal is to build up my own real estate empire to leave my job and spend time doing things I truly love.

Long term podcast listener but just started reading the forums! 

As long as they pay all their bills and have been according to their credit check I'd rent to those people every day.

Why do you think purchase contracts are so long and have such small print?

Here are some options and considerations:Loan Against Equity/ETFs:Margin Loans:Description: Margin loans allow you to borrow money using your investments (such as stocks or ETFs) as collateral.Pros:You retain ownership of your investments.Generally quick access to funds.Interest rates can be relatively low compared to other types of loans.Cons:Your investments are used as collateral, so if their value declines significantly, you may face a margin call (requiring additional funds or securities).Interest rates can vary and may be higher than traditional loans depending on the lender and your creditworthiness.Securities-Based Line of Credit (SBLOC):Description: Similar to margin loans, SBLOCs use your securities (stocks, ETFs) as collateral, but they typically provide more flexibility and may not trigger margin calls as easily.Pros:Allows for ongoing access to funds as long as your collateral remains sufficient.Interest rates may be competitive.Cons:Similar risks of potential margin calls if the value of your securities drops significantly.Terms and interest rates can vary widely among lenders.Comparison with 401(k) Loans:401(k) Loans:Description: Borrowing from your 401(k) allows you to access funds without selling investments, using your retirement savings as collateral.Pros:Typically low interest rates.No credit check required.Interest paid on the loan goes back into your 401(k) account.Cons:Usually capped at a percentage of your vested balance (commonly up to 50% or $50,000).If you leave your job, the loan may need to be repaid immediately or could be considered a taxable distribution.Potential opportunity cost of missing out on market gains if funds are withdrawn from investments.Other Alternatives:Home Equity Line of Credit (HELOC):Description: If you own a home with equity, a HELOC allows you to borrow against that equity at typically lower interest rates than unsecured loans.Pros:Lower interest rates compared to other types of loans.Interest may be tax-deductible if used for home improvements (consult a tax advisor).Cons:Your home serves as collateral, so failure to repay could result in foreclosure.Personal Loans:Description: Unsecured personal loans can be used for various purposes, including investing, but typically have higher interest rates than loans secured by collateral.Pros:No collateral required.Funds can be used for any purpose.Cons:Higher interest rates and stricter eligibility criteria based on creditworthiness.I am a loan officer and we do some of the loans stated above.