This home has been highly operational with high rates of occupancy, bringing in anywhere from $500-$1500 a month in overage beyond our monthly expenses.

Hard money would be the easiest and most common route to fund the purchase/rehab.

Compare Loan Terms – Ensure their rates, fees, and terms align with your investment goals by getting multiple quotes from other lenders. 3.

:The median days on market shows how long its taking a home to go under contract.November: 24 daysDecember: 29 daysJanuary: 33 days What are interest rates these days?

However, lately I’ve been testing an AI-powered system that autopilots real estate lead gen and deal management.In just 30 days of using this AI system for follow-ups, our response rates doubled, and we closed 3 deals.

Nobody knew interest rates were going to go  shoot up (and nobody knew we were going to face a global pandemic).

Offer a competitive interest rate, but lower than the current rates being paid. 

Texas does have specific rules regarding home equity loans and cash-out refinancing (often referred to as "Texas Equity Section 50(a)(6)"), but these don’t prohibit homeowners from using funds for investment properties.

However, with high rates, the next mortgage would be very expensive, and a vacancy would be intensely expensive with two mortgages.

The key is to analyze occupancy rates, seasonal fluctuations, and what type of properties perform best.