You should not calculate that in your review honestly.Curious if you have the cash for that debt why not just pay it off as the interest is probably burning a big hole in your pocketTotally get what you're saying and I plan to pay off my CC debt regardless of this deal; however, they are also asking me to pay off a big chunk of my car loan now which is why the number increased after the rate hike. 

If you are buying a rental property and do not plan to live in it, you may qualify for a DSCR loan.

@Joseph MuleroTo boost your rent plan and make more money in the medium-length rent market, think about these steps: slowly add furniture to the new place while you stay in your current home, pick cheap furniture, use a credit card with good terms, look into loan options like personal loans or home equity credit lines, try out the market by listing the place with few furniture pieces, aim for easy-to-change furniture for flexibility, and talk to pros like real estate agents or home decorators.

I am not currently planning to buy additional real estate.

I did pull out the maximum allotted amount of the HELOC which I plan on using for BRRRR (already closed on a property!).

I am planning to do a house hack on a property.

I turned the complex into independent living for 6 residents and we also started a in Home Care Agency, soon after that March of 2019 we got the approval to add another 4000sqft and 15 more beds a brand new wing onto the building in the plans the architect designed her very own beautiful room setup up just for her!!!

First time syndicator.At the moment, we are focused on equity raising and deals sourcing, and plan to partner with experienced multifamily operators on a deal in Texas.

If you plan to operate this product, you still need to have cash to bring to the table as well as enough liquidity for rehabbing (you can get reimbursed through draws, but you start out using your own liquid).

My wife and I are about to purchase our first property and have roughly $30-40k.My current plan or strategy:1.