I bought one rental property and flipped three.

Quote from @Landon Lehmann: If you cash out equity in a property, you are "borrowing" that money from the lender.

Section 8 is harder to do as the prices of properties have skyrocketed.

If I purchase a property with cash, can I still obtain a mortgage later?

Find a neighborhood you like, find a house you like, buy it, and hold it.Focus on learning to analyze individual properties.

Keep leveraging your knowledge of local opportunities to acquire your first property and expand from there.Financially, reinvest your earnings, and make sure you have a solid grasp of cash flow and expenses before making your first purchase.

While these alternatives may come with higher interest rates, the flexibility they offer such as faster closings and more lenient terms often outweighs the upfront costs, especially in fast-moving markets.For example, hard money loans can give you the ability to close quickly on distressed properties, which traditional banks may take too long to approve.

If you had a paid off rental house, and others with mortgages, and you wanted to use the equity in the paid off rental for a cash offer on another property, how would one do that if the DTI ratio doesn't work due to having too much credit utilization with the addition of the new loan.

The property was then rented from 01/2020 through today's date.• A condominium was purchased by Person A on 11/1986 for a property value of $52,700.• On 11/2015, the condo real property was quit claim deeded by Person A to Person B as a joint tenant with rights of survivorship and Person C as a joint tenant with rights of survivorship.

Hello Everyone,I am looking to purchase my first property.