I'm confused because he hasn't finished paying off his mortgage.

I've had wannabes, but nobody bright and determined  enough to beat the system here in Allegheny County seems to want to use their skills just to mooch off me to stay in a C-class apartment.

Huntsville AL definitely is an appreciation play right now;  there is no significant cash flow unless you put well over 20% down, go to C/D neighborhoods, do multifamily/house hack, or find a unicorn of an off-market deal.  

It seems it was a temporary government sponsored play to help move Department of Veteran Affairs owned foreclosures off the books when there was a glut of them.  

With that said, I don't love multi-family housing right now and it is far outside of the metroplex. 

Believe in yourself, Cory.On a personal note, if you want to bounce ideas off someone, you can hit me up.

You’re better off to pay 3-5$ an hour for a virtual assistant doing SEO Fulltime for a month or so. 

Good morning Jen, Were you guys ever able to find a lender who could pull this off?

The challenge that many borrowers run into when looking for larger equity lines with limits  of $250k+ is that they typically require full income verification (not always bank statement and DSCR exist) with lower DTI ratios (43-50%) however although the repayment scheduled is based off a simple interest only payment, (usually a 30 year amortization schedule with the initial draw period of 5-10 years) the qualifying rate is based off of the converted twenty year amortization schedule (240 equal installments) of the payback period.

Tenant is murdered in rental and police rope it off for 2 months And this doesn’t even include my commercial properties!