You don't want it to be too short if it takes longer to sale than you expected. 

In short, no.

So I just saw the post about profile pictures and will upload one shortly!

Hi All,I know it is short notice but I need a realtor in Great Falls who can work with me right away.

To make a long story short, my wife and I are evaluating a portfolio with 40 plus doors and looking to make an offer.  

I am worried that if I go ahead with the repairs that I will be too short on cash when something else breaks down. 

Or, I look at the overall robust economy, the relatively strong housing market, and wonder if I'm entering at a bad time - but then realize that when/if things crash, that'll be another round of changes that provides for opportunity.Opportunity is born from change, and at 42, I'm old enough to know that the secret to doing something is to just get started, and to keep chipping away at it.Anyway, my short term goal, once I have finished doing enough research and working on getting the overall engine in place, is to get a couple deals under my belt, and get an idea of what pieces of my process needs refinement in order to scale up a bit.

not a great deal compared to buying 5 year term first trust deeps on performing rentals that pay 9 and 10% and you get paid off in 6 months then what .. no return.. until you find another deal so your drag on money turns your return much lower.. now if it was 10% or 7k over 6 months that would be something to think about.. but not an interest rate for such a short duration.

This way you get the benefit of the cashflow when you're not using the line and when you do use it you know that it's for a short period of time to help you acquire another property before doing the same thing with that one. 

Hard money or other short term, high cost debt?