Purchase price: $135,000 Cash invested: $5,000 I bought this property with the intention of putting some sweat equity in.

Brand New investor shopping in the Austin,TX Area looking to get into a fourplex by the end of this year with intentions on house hacking to start my portfolio out.

Even a decent manager with good intentions but poor systems can end up racking up a lot of deferred costs.Be more conservative on your numbers than you would close by.

In fact, I may have gotten ahead of myself by already notifying the tenant of my intention to raise it $1600.

In fact, I may have gotten ahead of myself by already notifying the tenant of my intention to raise it $1600.

Our BP Mastermind Group started at the beginning of the year with the 90-Days of Intention Journal and unfortunately we had a member that needed to step back for a while.

I'm using HM to finance the purchase and rehab, with the intention to get the property fully rented after rehab (currently 62% occupied) then cash-out refinance and stabilize the loan.    

I work, have a child, husband and my own home so I have to make very intentional and well thought out actions.

So let me see if I understand this correctly: You and a partner created a business complete with assistants and acquisition managers with the intention of finding deep discounts so you could wholesale them, only to stumble upon so great of a deal that now you don't want to wholesale it... you want to keep it for yourselves?

I'd go line of credit if I just needed quick, temporary access to funds in order to buy value add properties with the intent of fixing them up and refinancing them with longer term debt (BRRRR).If you're looking for pull the cash out and keep it out, either to invest in more turnkey properties or finally grab that Lamborghini you always wanted, I'd do a full cash out refi.