And the big kicker is we would only do it if you had the first mortgage with us already.

I would pay them whatever the sale of my property yields, minus any taxes incurred due to not taking a mortgage out.

.🔹 How It Works:If your rental income falls short of covering your mortgage (PITI), you can use liquid assets to supplement your income.

Covering the mortgage isn’t an issue, but I’m considering factors like: Multi-Family: House hacking would help offset costs right away, but I’d likely need to put money into renovations upfront.Single-Family: Easier move-in with no immediate renovations needed, plus potentially lower tenant turnover once I rent it out For those who have been in a similar situation, what did you choose and why?

Any referrals or recommendations for good and qualified brokers, sellers, property management companies, loan brokers, insurance brokers, mortgage brokers, contractors, etc.

Yes, a HELOC or bank a line of credit is different than a lump-sum amortizing mortgage (DSCR or otherwise).

I know we generally talk about redlining in terms of access to mortgages and other financial instruments, but doesn't NAR have some policies around it too and how real estate agents operate around the topic?

Mortgage laws, title and Deed laws, wire transfer laws, landlord tenant laws.Realize the seller of a distressed property has rights.

Getting a property with a 3% mortgage that offered both equity appreciation and solid cash flow is what sparked my passion for real estate investing.

He talks about obtaining private money.