Anyway, I am looking at doing my first BRRRR and have considered two paths to getting the 'B' done with a cash offer:1)  take a HELO out of my existing rental to supplement the cash I have on hand for the full amount of purchase2)  partner with someone to supplement the cash I have on hand for the full amount of purchaseMy concern is, even though I have excellent credit, will using the HELO for the purchase hinder my being able to complete the refi on this BRRRR?

I am a little concerned about the DOS clause, just because the loan is in my name.

My main concern is that I don't know the weather/water patterns there well enough to know if the issues called out on the report are super worrisome and will need to be repaired ASAP or not.Thank you all in advance!

I have family up there that could help manage the property, so the distance wouldn’t be as concerning to me.

Ideally i'm looking for overall quality of management, ease of use as far as accounting services are concerned, quick turnover time, transparency, and responsiveness.

If they have the time to spend on BP answering a lot of questions this time of year I'd have some concerns.

I plan on purchasing my first property my plan is to get a triplex but it seems hard to find in the areas near me. My plan B is to purchase a Duplex with a finished basement then reconstruct it into an apartment to li...

My one concern with the deal is that you say that one side has been completely gutted.

Asset protection becomes a major concern if you own a bunch of free and clear properties here.You sound like you've recently dealt with some estate matters, but the question of your heirs and their ownership interest in any of your assets come to mind as a concern. 

My biggest concern is that I just paid off my student loans and don’t have the cash flow to put down any money on a property right now - I also thought it might be better to own a home before starting in order to get some real estate experience on the home buying side.