That’s because it can include renting furniture and decor to more fully transform a space.How Do I Know Which One To Pick?

I will admit they are better than some other big players, but can certainly find better rates out there. 

You may be full for three months, then sit vacant on some rooms for three months or more.

I'm not opposed to finding deals like what you talked about.

If it is a good business with a hard to finance issue, he'll work with the loan team to figure out how to lend to them.

@Hank Bank BRRRR is probably want you want to do.Buy, Renovate, Rent, Refi, Repeat.Before you go all in and either find out you don't like being a landlord or you make costly mistakes, start with just the next one.You'll have some challenges with tapping the equity in the townhouse:1) What loan amount can you qualify with your credit & income?

Also if any NJ agents that are familiar with using these and transitioning out of them can reach out for some advice and education that would be great seeing that I will need an investor Friendly agent over here to help guide me through everything.

I proved to them lending me their money was an easy way for them to profit themselves.

@Bridget HustonWelcome to the community and be ready for a huge amount of information at your finger tips.

Evaluate the situation to see if you could have done anything differently to mitigate the loss and implement changes to your processes, but know that this happens and hoepfully just not too close together.