And we will raise rent over time as well.

Very well qualified borrowers can often obtain favorable terms from their existing banking relationship and sometimes even borrow against non-real estate related capital assets such as money market, life insurance or investment accounts.

Given that we deduct a lot on our taxes due our rentals we look cash flow poor when we are actually able to cover the debt service on a nicer home that is well more than $2500 that the lender currently says we can afford. 

He also has a hauling trailer in the front of the street and has construction material stored in the garage as well. 

Well, at $0.05 per mile, a gallon of gas should be $0.85 to $1.15 to match what I pay in the EV MGP-equivalent.

So that is something to consider as well.  

Finding and Funding Good Deals" - really good book on helping you get properties for a good price even in this type of market.I would consume these as quick as possible over the next couple months, it will definitely give you a boost.I started in real estate AFTER the covid boom, and I'm doing well off. 

They all appreciate but peninsula is more stable in downturns and recovers the fastest, I witnessed this myself in 2012 further in east bay was still about 40% down and peninsula and "tech" cities already recovered fully.I am not sure you need a loan or not, recently I asked my mortgage broker he told me for a second home it would need to be at least 50 miles away and also in a city known for vacation activity .   

The city of Renton, WA now requires landlord to certify the conditions of the building in great detail as well as many aspects of the landscape. 

Well I’m new to the idea as well but to me the hard money lenders that are a little pricey are open to up to 90% LTV second lien.I just feel both of those 1st and 2nd lender interest rate will be madness.