The family member needs the money now and is looking to rent as opposed to finance another home.I'm essentially playing seller and buyer.

It has been hard finding a place that 1) Doesn't get bid up by cash buyers that we can't compete with 2) Doesn't have 10's of thousands of capex out the gate3) Is in an area that I'd grade as C+ or better.

Planning to use HELOC to buy cash for a property.

Is it worth the risk to purchase a property that will not cash flow immediately?

Having said that, they know how the game is played and that they are messengers for their clients whether that is the buyer or seller.

Yes, we have a few different accounts 1. operating expenses for the business 2. one account where all rents and cash reserves for maintenance are held 3. security deposits 4. company taxes 5. company savings 6. company salaries, etc..

Would it be consider as an appreciation market yet or just more like cash flow type of deal (since housing price is still fairly affordable)?

Plus, DSCR lenders will underwrite based on the assets' ability to cash flow rather than your personal financial situation.Typical Terms:30-Year Fixed Rate7.25 - 8.25%

I'm particularly passionate about areas that provide cash flow with rental propertiesOutside of real estate, I enjoy traveling, playing sports, hanging with my dog and friends.Excited to learn and connect with you all!

Purchase price: $370,000 Cash invested: $65,000 Here is my link to my first Airbnb!