But hey, who knows give it a try. to clarify my question, i am the buyer, solar panels are on the property, and back payment is due, but the company refuses to accept the arrears rather than demanding full payment of 35k, title transfer requires to clear the lien, seller won't do that as there is no equity in the house for them so property will end in foreclosure, if i bond the lien and free the property, then I can buy the asset, transfer the tile, i can negotiate or fight with solar company as time will be on my side then. my question was the surety bond that i am using to bond off the lien can be freed if i could transfer the lien back to use after title transfer to free my cash, hopefully less fraudulent now after the details.  

I am looking for Flips or BRRRRs I believe initially to build up some cash and/or equity and cash flow, but would be open to having my strategy/goals challenged.With my previous business, I never took a paycheck and grew the revenue from ~80k to >2million annual revenue in 3-3.5 years and navigated a seller finance purchase of a overlapping/competing business.

Hi Josh,Love your candidness and positivity!

It seems like a positive would be that I would be more confident they can pay every month and I could probably charge a little more since it’s now split 3 ways and get closer to market rents without cleaning or repairs. 

If everything else is the same and the only new change is buying a rental, I have a feeling that the return is done incorrectly.I am also surprised that a rental purchased recently with high purchase prices and high interest rates would generate positive taxable rental income.

Im about to start shopping around for a HELOC to Tap in to a rental property with a good amount of equity I'm looking to close within in a month and I was told the online companies can close faster.

It allowed me to learn what owning property was like, while getting some positive cashflow.

The valuation comes out just barely to cover what I’m trying to accomplish but doesn’t help me out any further down the road with my equity levels which I definitely needed.

I got word today of a lender willing to do a 2nd position DSCR!

Cosmetic fixer upper, potential to build $100K-$150K equity between 2024 and 2026 (assuming market stays exactly the same with no increase or decrease in market pricing).June 2026: Listing both properties for sale and (if they sell at desired price points) seeing potentially 300K-400K profit (Between both locations) that we would not need to pay capital gains tax on.In any case, my wife and I are looking into this as next investment, but wanted to put on this forum to see what you all think?