Has anyone secured a line of credit from a bank and used this line of credit as their reserves that are required for more mortgages when acquiring buy/hold rentals?

I've also recently acquired my real estate license in PA.

Good luck with your move and REI endeavors I'm an investor and commercial agent who helps out of state investors acquire properties in KC.

Still, and even more importantly, location of the property, competitive pricing, applicant pool, etc, these will all play into your ability to get the place rented.Since it sounds like your situation was one where you're acquiring a new property, Grace has the right idea with 2-4 weeks ahead of time (but I'd even still say give yourself as much time as possible because applicants may fall through; ex. someone backs out after going through the screening process and showing intent on signing, but never does, generally you want to know that information well enough in advance that you can still not find yourself in a pinch.

Any tips on acquiring one. 

The VA renovation loan covers 100% financing which includes $ to acquire & renovate the home.

And most of the interior doors, plus many windows and toilets were apparently intentionally broken.The start of this project was to remedy the foundation issue, which was done by Carolina Foundation Solutions by digging out the complete back and right side of the foundation and adding 6 helical piers to jack up and stabilize the foundation.

Here is how my management services agreement is structured: 1) Define terms ("manager", "properties", "portfolio", etc)2) Term length3) Authority of Manager- specifically spells out what the manager can do on behalf of owner (and exclusivity)4) Responsibilities of Manager5) Responsibilities of Owner6) Property Maintenance (spending limits and expectations)7) Compensation (spells out ALL fees that I would ever charge an owner)8) Liability and Indemnification (protective of Manager which is industry standard at least in my region)9) Insurance requirements for owner10) Leasing (how manager will acquire tenants, non-discrimination)11) Termination (notice requirements, etc)12) Legal stuff (choice of law, merger clause, notice, etc)Hope this is helpful I can expand on these if you're interested more

I have two realtors in my family so I can get information really quickly on properties, I worked on my family’s rentals for about 5 or so years, I’m pretty good with Microsoft office, I found a five unit apartment in a desirable area originally to wholesale but I want to acquire it after analyzing it a little more, and I’m just a hungry young man willing to work I used to play football on the college level so I’m looking to bring my work ethic developed over the years to real estate investing.

Hi all, I am a new investor that just acquired my first rental.