Learn from those who've done it, keep at it, and change plans when needed.

You will then need:-- 21,600 down payment-- 3672 Origination-- 1400 (estimate) underwriting-- 800 Processing (est.(-- 1200 Title & Escrow (est.)-- Interest Reserve TBD-- 500 Appraisal (est)-- Builders Risk Insurance Policy TBDTotal Cash to close: 29172 + 6 months payments (not in escrow but demonstrated)You will likely need to wait 6 months to refinance.

Are you planning to do anything for cap ex or maintenance?

It generally takes them about 10 days to process the rent approval portion. 

Once you get it, look up the process for filing a temporary restraining order against that person / those persons, and do it. 

If you don't plan to live there then I would look to use another loan option.

@Theo Hicks most of the people I work with are in the heart of Tampa especially if its something you plan on holding onto for while.

I plan to delve into Real Estate Full time in 2025 helping clients Buy, Sell, and Invest..🙏🏾🙌🏾.

Non owner HELOC's are in the 75% ltv. or less.Rates 10-22% are  and 15 year amortized this is not a good plan to pay off your lower rate first trust deedsShred Method is foolish if you have a rate in the 3's Having a mortgage with a low rate is better than a free and clear property.

However the PM  (LSI) did not have a local office, but they had a payment plan via CVS Pharmacy where the tenant could pay cash at CVS, I know it sounds crazy.Also,  as I questioned the PM, the ledger changed.