Creative financing is an alternative but there are sharks in those waters.

Rents in the area are around $800-$1200 for a 1 bedroom.

Hi @Junior Matthews.I work with a highly creative and knowledgeable mortgage banker who serves both Georgia and South Carolina.

My properties are mostly in a pretty attractive bedroom county of both the San Jose and San Francisco metro areas where the underlying growth just never seems to stagnate, my managers carry 95% of the work load (I set annual rate increases, approve major repairs and do the taxes) and my cash flow on my original cost is about 10%. 

Sounds like portfolio loans and other creative loans are the way to go.Feel free to message with any suggestions for lenders (or if you are a lender).

I used a HELOC from my condo to purchase my new house and live happily ever after...Until I realized I really enjoy learning about real estate and wanting to purchase more property.Here's my situation...Condo that's rented has a cashflow of +$62... rent covers mortgage, HOA ($216 a month) and HELOC interest only payment; I apply the +$62 to the principle.I live in a 5 bedroom, 3 bathroom house that I moved into last September. 

This four unit home welcomes families and individuals to a 3bedroom 1 bath, two 1 bedroom 1 bath and a studio apartment with a full bathroom.

A 3 bedroom and a 1 bedroom home.

Hi there, I am rehabbing a property and adding a new bedroom in an unfinished basement.

May consider right value-add opportunity with creative financing / owner financing.