So I do currently have income from my rental properties, however it isnt enough to cover our current costs over here for the next 6 months.

., the ratio of rehab dollars to purchase price.)Like a HELOC, you only pay interest each month on the loan.

Until this month that is.

I would calculate this as a 6 month period of interest to investor to be safe. 3.

I suggest 6 months of expenses to keep in cash.

Just this month, I’ve gotten under contract for my clients for multiple 20%+ cash on cash rental properties so there’s definitely tons of opportunity here.

My credit got negatively affected but we’re in the process of building hers ( she had no credit nor bad credit) I think we’ll have her credit above say a 700 in the next 6-12 months.

They have also outsourced their TAX SERVICES and despite my constant request to expedite my tax filing so that we can apply for a CRITICAL BUSINESS LOAN TO EXPAND OUR BUSINESS, THEY SAT ON OUR TAX and BOOKEEPING files for 7 months.

Quote from @Milena Garcia: this sale I hope is all done after 2 months..

I have a couple STR investors do this here in the winter months depending on the events coming to town