Feel free to reach out if you have any questions, would be happy to share my experience and two cents.

Typically, cash purchases close about two weeks after the relinquished property, while financed purchases close four weeks later.

I went from two live-in flips and a four plex to a 30-unit and the 30-unit was significantly easier to renovate, raise rents, and manage.

@Ceasar Abreu, another possible benefit of a HELOC is they are often interest only for many years, which means your net cash flow could be higher, but this also leaves a balloon payment.I will echo Greg: the only thing refinancing definitely saves you is having to write one check instead of two each month.  

too many moving parts / too high risk. if you're handy, buy something that needs some TLC, live in it for a year or two, fix it up, refinance and repeat. 

It's a main street property with the restaurant on the main floor and two one-bedroom apartments above it.

It's exhausting talking about this.An LLC is useful for two things: anonymity and legal protection.

Hi There, Many of my clients are foreigners (not Canadians but Europeans) who buy long-term rental in the states, I've been doing it for more than 20 years and specialized lenders for this scenario change every few years.Would you be comfortable sharing the terms you've been getting from those two companies?

The seller can come back in a year or two and say the sale was unfair and they were taken advantage of and an attorney will believe them and sue you.10.

It sounds cheesy, but the best way to prepare is to work with a friend or two and role-play.