I'm working on purchasing a unique property that includes a small home on 20+ acres. 

I am currently in my third month with them and have no complaints thus far.  

This can be really helpful if you're planning to scale up your portfolio or if traditional financing methods don't work due to self-employment or limited traditional income.Bridge Loans – If you're leaning towards flipping a property or doing major renovations, a bridge loan can give you short-term financing to get the property ready for sale or refinance.

@Shannon Hartzell if you can make deals work locally starting out, do so.

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.

Leverage is not an asset when rates are high. 3) No talk of cash reserves - what happens if you have an emergency?

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

Working with investors and doing the rehab work in order to build up revenue on my own to get into the real goal.

Met with a representative and before I wire this company a large portion of my net worth I would like to see if anyone else has experience working with them.Exchange Resources, Inc. 3570 Camino Del Rio NorthSuite 100San Diego, Ca. 92108Thanks Lee

However, if you can find properties where you can add significant value, this method could still work well in the long run—it’s just something to be mindful of in your overall plan.With $160k in available cash, you’re in a great position to start purchasing your next property or two.