It is expensive but money is not cheap at all nowadays and as others mentioned even getting a LOC against a rental property is a huge score as not many lenders are lending on that product.Question I have is what are you using the $ for and can you earn it back? 

Congrats Brendon, what was the draw for you with the property?

Negotiating the seller down on sale price from $200,000 - $185,000 to build some instant equity in the property.

I know you are probably bummed about this and feel like you made a mistake, but if you can figure out how to hold this property and buy more properties and hold them then you will end up making significantly more money in the long run; you don't build a real estate portfolio by selling.

I have an investment property with a small front yard and average sized backyard. 

Purchase price: $195,000 3RD RENTAL PROPERTY AT 25 What made you interested in investing in this type of deal?

Hi Jim, if the property isn't being used as a STR currently, certain DSCR lenders can use data like AirDNA to qualify for financing.

I have had a passion for real estate at the start of 2024 and I am hoping to buy my first property shortly.

Hello everyone,I'm Tomer, an investor focused on property flips in Pittsburgh’s south and east neighborhoods.

The last month's rent will be spent, then you have $1,000 on reserve to ensure they return the property in good condition.