While it is a "loan for another loan" as you said, if done responsibly it can be a terrific way to grow your portfolio faster than you otherwise could with your savings.

Hi, @Andy Kaplan, there are definitely a lot of helpful tools out there and it is a good idea to consider an option which allows you to collect rent much quicker than those others but still provides other rental management tools you might find valuable (again, not to knock Cozy or these other tools like Tellus), but you can easily keep track of who paid what and on which date with a tool that is reliable and processes payments faster.

You could also try cash for keys to get them out faster, but the proper notice should work.

The brick-veneered, slate-roofed foursquares I'm talking about typically have very heavy foundations to handle the brick veneer and the weight of the slate up top.

Your property manager may have the mindset of showing the unit to only highly qualified potential tenants (which is appropriate for them to do unless you tell them otherwise), while you may be open to slightly less qualified potential tenants for the purpose of filling the unit faster.

Hi BP, probably a dumb question but was wondering if I have 4 conventional loans already and want to move faster and get 3 commercial loans on 3 different properties giving me a total of 7 loans, will the 3 commercial loans count towards the 10 loans that Freddie mac allows?

Now, if you don't pay on time, you better believe they will be exercising that clause and it does help them foreclose on you faster.  

I'm doing it now and will save over $600 a month on my payments (which, due to the lower interest rate, means principle paydown happens that much faster....$300 a month more in my case)2.

Looking back the only thing I would do different is I would move a little faster.

Which rents faster?