![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2887504/small_1711642831-avatar-pavlom.jpg?twic=v1/output=image&v=2)
29 March 2024 | 6 replies
I got my first rental with negative cashflow last year.Property price 241k, loan balance 232k Tenant pays rent 1,800$monthly payment 2,050$Spent 5,000$ on improvements.Property appreciated from 241k to 255$ this year.I am not sure whether I should sell it this year or keep for appreciation purposes?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2982566/small_1711546650-avatar-malaree.jpg?twic=v1/output=image&v=2)
28 March 2024 | 4 replies
Fannie/Freddie do NOT allow:Texas Section 50(a)(6) Loan Security PropertyA Texas Section 50(a)(6) loan must be secured by a single-unit principal residence constituting the borrower’s homestead under Texas law.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2946058/small_1707772366-avatar-matthewn275.jpg?twic=v1/output=image&v=2)
28 March 2024 | 3 replies
I have also been know to be a resource to some of my wholesaling buddies that have needed a loan for EMD or even funding for a double close.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2512923/small_1686150650-avatar-haydenc38.jpg?twic=v1/output=image&v=2)
29 March 2024 | 11 replies
I have a W-2 job as well for now until I close on a place, so I can use it for a loan.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2891781/small_1735523853-avatar-dannys191.jpg?twic=v1/output=image&v=2)
28 March 2024 | 13 replies
I know that nothing is free, and that some programs require you to pay the DPA loan back before you move out but what else is there to have in mind that I should know about.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2982296/small_1711503411-avatar-sridhard2.jpg?twic=v1/output=image&v=2)
28 March 2024 | 12 replies
Can the tenant get a loan or will it be a rent to own/seller finance situation?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2973138/small_1710697046-avatar-ginac100.jpg?twic=v1/output=image&v=2)
28 March 2024 | 3 replies
You get better interest rates/loan terms.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2955538/small_1709521851-avatar-gilbertor26.jpg?twic=v1/output=image&v=2)
28 March 2024 | 3 replies
I started looking into Denver 🤔 @Gilberto Ramirez III- thanks for the feedback ....if you need to use a loan to purchase and if you havent already been pre approved recently - I recommend getting the pre approval in place BEFORE spending a lot of time actually looking for properties
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/292566/small_1621442152-avatar-johnd41.jpg?twic=v1/output=image&v=2)
26 March 2024 | 12 replies
However, I would like the solo 401k, if possible, for (i) the $50k loan option & (ii) no taxes when using financing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2966029/small_1711433040-avatar-theos21.jpg?twic=v1/output=image&v=2)
28 March 2024 | 13 replies
This way you don't need any loans, you get to grow your equity/experience/income with every house, and the passive investors get your time/dedication/growing expertise/energy/and an inflation resistant investment. people want good investments, the Horse, but they mostly judge that by the earnestness/ambition/expertise of the Jockey. good luck :)