I see this deal as a start to get the ball rolling.

Then taking the first few years of profitability and rolling it into cosmetic upgrades would leave you with a property you could raise rent on and have added value.I personally BRRR everything I buy.

I'm hoping to get more confidence soon and start the ball rolling. 

I have rolled several properties over the years with 1031 but am getting tired of what I'm doing . can you say burnout?

I do understand their viewpoint, I have been in business less than two years and am showing a loss on my first tax return (but rent is rolling in and we're doing great, we're just putting cash back into the business).Do portfolio lenders typically offer terms that are more like a conventional mortgage with similar rates?

It's always best if you can get an offer on the property first to get the ball rolling.

I've started by rolling up my sleeves, reading as much as I can on BPs while working my full time job and listening to the BP podcasts in the car and while I"m working out.

Roll Tide!!!

In my personal affairs I do business with several different banks; savings and checking but I only have one active charge card and one with a large credit availability that I don't use.The only thing I know for-sure is your income and debt to income ratio play a big roll.

I'd roll all the loans into one loan and take the cash out, then 6-months down the line I could refinance the larger total loan amount into a more fixed-rate product?