If you are a Veteran its 100% financing which can also help save money and in as little as 6-12 months you can move out of a unit and rent out all units and start over.

Only difference is the $10K is in your bank and the interest starts so you are paying on the full $10K over how ever many years they offer.Lastly, depending on your first mortgage rate it may be best to just do a "Cash out refinance" becuase its over a 30 year mortgage and the rates are lower then both Heloc or Heloans. 

Wishing you the best on your future and getting your portfolio started! 

The new owners will have need to start the process of becoming administrators as fast as possible.There are requirements set forth by the state dictated by the amount of beds, 6 beds and under is fairly simple and straightforward.

Anyone have some first hand experience with RADD/REIT that Dutch Mendenhall runs.

Being the heart & soul of the project from start to finish.

It's not easy to admit mistakes.I think you should start by eliminating the get-rich-quick mindset.

But We plan to build a deck on the land to start and then make it an easy place to camp on the land.

You will likely miss some deductions using the commercial tax software but it’s the cheaper option and starting out a couple hundred dollars in deductions missed likely isn’t that big of a deal.

Hi I’m just starting out on this journey.