Otherwise listing it on the MLS is going to cost to 3-6% on your income on both ends.Zillow and Trulia work perfectly fine and cost nothing if you wish to easily market your deal.Get an assignable Purchase & Sale signed...Open title...Then market...As a wholesaler, I can tell you the only money you NEED is marketing liquidity and VERY few lenders are going to give you money for overhead.

Of course it's normal for the Interest Rate to be higher for Investment borrowing - but, it's still historically low.You're in the perfect situation to continue with the BRRRR strategy - using JUST your current Rental as security (if you prefer).

I agree with James.....waiting for the perfect property in this area may take some time.  

So your price may be very reasonable but has the look of being a lot of money.The warrantees on the tankless are longer than the tanked heaters. 

Any help is greatly appreciated I have a lender in place and this is a perfect opportunity to get my first deal done.

BJ and all,That was the help I needed; thanks for sharing that is perfect.  

Hi Jeff,What you're saying makes perfect sense.

Had a company that AHS sent over last year that replaced a heater, no issues.Different tech this year, same subdivision, different property, same setup (no pressure reducing valves and no pressure tank), and tech claims it needs "Sediment trap, expansion tank, T&P modifications, and permit", essentially more than what AHS says the new tank itself is worth.Figured I'd ask here if anybody knows the exact regulations, because the tech seems not to want to explain anything other than "We can't tell you by law, only American Homeshield can, we've told them what it needs".

You gotta wait for the perfect wave and just trust that it will come with time.Whenever you invest off a negative emotion greed, FOMO (fear of missing out), pride, etc you will have a very bad time.

I have read all the articles on house hacking and I am perfectly fine with the idea; the issue is there aren't duplexes in my town.