once you get the right setup, lending from a deferred retirement account can be a great idea, just make sure you understand the process and how to properly underwrite borrowers

I didn't dismiss the idea of looking into getting into wholesaling, but you have to deal with earnest money deposits and they are super expensive.

Any ideas/thoughts you're trying to do with the cash out refi or just do a HELOC so you can tap into that funds whenever you need instead a full draw for the cash out transaction?

Investment Info:Single-family residence buy & hold investment.

These are wood frame Hovnanian units built in 1986 that are holding up well, but windows are starting to fog, HVAC units are coming due for a second time and the kitchens are beginning to show their age.

(Biggerpockets has an agent finder also) You can also do a forum search for the area and see who has the most activity, they can help or set you up with someone who helps.I would hold off on paying for a program until you are further along because most of them are going to center on scaling from small landlord to large, repositioning, flips, etc..

I’ve considered the idea of shopping it out to wholesalers, or even listing it, but I went into it with the intent to rent and I’d like to see that through if the numbers make sense.

Hi Paul, You grew up in Wisconsin and have no idea why there is a dead deer in the backyard covered with a tarp, which you call rotting.

It’s great for getting an idea of what similar properties are going for in your area.Zillow Rental Manager: Not only can you list and manage your rental property here, but it also offers rental price estimates based on local market data.AirDNA: While primarily focused on short-term rentals, AirDNA offers data that can help you set prices for medium-term rentals by providing insights into occupancy rates and revenue projections.PriceLabs: This dynamic pricing tool adjusts rental rates based on demand, seasonality, and local events.

In general Land purchases very much depend on the end goal and end use you have in mind, then once you have that defined there will be various DD items to complete depending on that use and your intent to develop, hold, or sell it.