I would be happy to host the event if you pull a group together.

Jeff if you have the money it would be best to pull the band aid off and reno everything at once and then get market rents.If you don't have the cash in hand I would raise rents a little and build up cash reserves.

we get title pulled in a day sure enough.. somehow I guess if banks wait to long they lose the right to foreclose ( WA state).. 

I am looking for some advice on how you structure deals when pulling in an outside party.Here’s the scenario.

I didn’t read the whole post, but maybe you can pull your parents in to sign on deals if you’re not partnering with someone?

Here are the details upfront:Purchase price-$135kDown payment-25% ($33,750)Target ARV-$170kWhat is the best, most cost effective way to pull out this equity gain and use it for a longer term, mortgage-like loan that I will use to purchase another property?

Hi Stewart, I am on the go right now so I don’t have the time to check out the lease agreement you’re using (I assume it is when you have pulled off BP).  

As far as pulling out your equity, have you considered a HELOC?

It is a great way to pull equity out on your properties with a low fixed rate. 

and just like most newbie (or maybe some newbie), hesitant on pulling the trigger, and yes i know i have to just go ahead and do it. i'm asking, humbly, anyone that can help or guide me about funding/financing my first property. - i'm looking for a small mfh in lehigh valley area and have 40k to invest. house hacking is out of the question as my family is already established in the good old garden state. i was told by a mortgage person that it'll be better for me to refinance my house (cash out refinance) to get an equity and lower my payment so i can qualify for higher loan and maybe even able to purhase 2 properties. with the current rate, my interest will likely be higher than what i have now (currently 3.5% and  have about 11 yrs left on it). would you guys recommend doing a refinance in this situation (for a first rental property) or 40k give or take enough to start REI adventure. thank you in advanced for your time and i appologized if this post is confusing for those seasoned investor.