If I find the deal, and a credit partner gets the money at 3.75% (or even at portfolio loan rates), we split the downpayment and split the profits 50/50.

Lastly, for investors with excellent credit [800+], how do portfolio lenders compare to Hard$Lenders, for purchase+rehab loans, ---e.g. a. pointsb. application or activation feesc.

It might be a good thing if your portfolio consists of older properties and you factor in say 15% for maintenance and gradually bring that back down to the accepted norm of 10 or maybe 8%.

In case this helps I have a 762 credit score, below 25% DTI, make $70,000 a year, cash reserves of $50,000 and have already prequalified for refinancing with a portfolio lender.

I served with several people who used their time in the military and their travels to invest in multiple markets, adding some diversity to their portfolio of properties...this is one thing you can consider if you are able to handle not being close to the properties all the time.I am not sure what the market is like there in Charleston, but if it is good that could present a new starting point for you.

Hi Everyone...I found out that one of my parents has substantial funds in a Money Market account that is part of his retirement portfolio.

Do not forget to take into account vacancy which can eat a profit margin.But if after sound research you find that it really is going to net you $800/month, then I would recommend adding a few of these properties to your SFR portfolio.

Anyone can buy a note, using thier own money for thier own portfolio, no license required to do that, that I know of.

I bought the new smaller home i am renovating to keep in my retirement portfolio off the MLS.

You'll need portfolio loans, made by local banks and credit unions and held in their own portfolios.