We need these types of loans, whether Fannie Maeor private lenders that don't charge exorbitant rates and fees!

What made you interested in investing in this type of deal?

Thanks for your response , I was thinking I could just pay the income tax (reimburse him) so I can continue to use the funds, as I increase my own capital and we both profit like you mentioned.Is there a certain type of IRA that will allow me to do this, or will I be paying income tax for EVERY withdrawal when I go to close on another property again and again ?  

My sights are set on acquiring my first rental property in the Austin/San Antonio area, aiming for cash flow and a 7-10% yield on my down payment.Here is my initial plan based on the learnings I have done so far:Property Type: Single Family/Condo/Apartment also open for other suggestionsStrategy: MTR/LTR Budget: $300k - $400kCredit Score: ~750Down Payment: 15-20%Where I need help of this awesome BP community:Guidance & insights: I'm open to any advice and tips from seasoned investors and experts in the Austin/San Antonio market.Experienced team: I'm actively seeking investor-friendly professionals, including lenders, agents, property managers, tax experts, inspectors, and lawyers.

Variables are things like the interest rate you have now, what you can get for a new interest rate, the type of loan, the length of the loan etc.

For Miami, it really depends on the type of STR, whether it's a condo, waterfront home and suburban home.

I have a buyer undercontract on a property in Ohio right now. When she is purchasing a duplex for 61k but the value is k. she would like to close and immediately do a cash out briefing based on the actual current valu...

Our lease mandates tenant insurance and clearly states it is the tenant’s responsibility to maintain their tenant insurance and that we are not responsible for external housing expenses.Virtually none of the LL have insurance to cover these repairs (only one of my units has insurance that would cover this type of flooding and this insurance is not cheap).  

What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?