Definitely recommend doing a thorough background check on potential tenants, it can save you a lot of headaches down the line.

If you can qualify for it, get a HELOC or HELOAN on those properties.Or find a creative private/hard money lender that can tap into that equity in 2nd lien position or to cross-collateralize them with the purchase of the new property and use that equity towards your cash to close so you can buy that next deal without much cash out of pocket. 

If you can combine the both well that could make you much more money. 

To someone vetted started without a lot of savings this could be a chance to go bankrupt without a very big payoff. 

To the hard/private money lenders out there.

Hi all,I browsed through a few pages of threads looking for an answer but did not see anything applicable.For the private lenders out there, what is the best/easiest program/application/platform to use to begin private money lending to others?

I have seem reviews of people that were happy that took it, but I have also seen the mugshots of him (lol) and all of the posts of him being a scammer, when people gave him money to invest.

Interesting that you’re writing in here on a forum when on our zoom calls you were always very nice and cordial.Terrance I can appreciate you trying to save face here… I don’t intend to bash you or your company in anyway.

I'm most particularly a fan of turnkey rentals; more money to be made in rehabbing/ BRRRR

I want to sell it and use the money to buy a primary residence.I am wondering what the tax implications will be, such as capital gains, paying taxes on items that I have written off/deferred, etc.