In a few years you can use the built up equity to purchase additional properties. 

These are professionals with additional training and a stricter code of ethics.

Due to the amount of liquidity you have, it's hard to recommend the SBL loan (or any additional leverage) without knowing your full financial picture since it does seem very risky.Now if you truly do have a home run deal in the works and it would cash flow and work with DSCR rates and terms (which I believe are only a couple points above most margin rates or conventional loan rates now), I would say that might be an option to consider.

I have only just stumbled across this deal, but so far I found found the following: the LLC is named after the property and was formed when the property was acquired.

From my personal experience I’ve had most success acquiring MLS properties that have underlying characteristics such as favorable zoning, incorrectly listed square footage or other attributes that are either incorrectly represented or not effectively marketed.

Hello BiggerPockets Community,I'm embarking on an exciting journey to acquire and renovate a duplex from 1900, aiming to tackle the inherent challenges of outdated insulation and the lack of modern vapor and air barriers.

Additionally, you do not look very good in court, when a tenant claims they do most of the maintenance beyond what I mentioned above; you may even find yourself owing the tenant for their time and labor. 

@Rickey Walker, due to market conditions, interest rates, and scarce inventory, sourcing and acquiring long-term cash flow rentals is difficult, to say the least, unless you put down 35%-40%.As I inform most folks, you'll need to implement a creative strategy if your investment criteria predominantly focus on achieving cash flow.

For a TX real estate pro, Michael is an obvious choice of tax pro.Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.

In addition your family in a vertical line cannot benefit either.