There is no variations or rate risk since it’s “fixed,” however the downside is on day 1 when you get that 30% LTV loan you’ll be accruing interest.So at the end of the day familiarize your self with both payments from hypthetical scenarios with that HELOC at different rates 7-12% just in case that eventuality comes to pass or go the fixed route for peace of mind but know the pros and cons of each.Good Luck on your game plan.

Eventually you will know what it costs in your area.

Eventually we will end up going 3rd party after we acquire more properties, but not quite wanting to give up that 10% yet.

This causes these properties to sit on the market longer, and eventually sell for a lower sales price than they are actually worth.

Hello all,My name is Josh, I am looking to become a buy and hold investor so i can (eventually) become financially free.

A good agent will very likely get you a better deal with better terms and more oversight than you can get yourself especially as a 1st time investor, I will often see things about a property either in the property itself or the listing that would easily get missed by a 1st time buyer, eventually the more deals you do the less you may need an agent, but your 1st few it’s important imo.

I am looking at purchasing a single family residence in Dallas, TX (with a 30 year fixed) built in the late 70s that I will live in and eventually turn into a rental.

When he passed away, I took over management of his property and every one of his five tenants were eventually terminated or evicted.

I have a family friend that is GC but he is super busy so he won't be able to come for a while, but the goal is to eventually rent it out.

Eventually he helped me broker an owner finance deal with the previous owner.