Corina,Congrats on leaving the corporate world and diving into the REI arena! 

The investor's theory behind his suggestion was to use the 500k loan to wipe all debt and only pay on the new loan, I'm not sure if this would be advantageous financially due to my current debts monthly payments set at: LTR = 1900MTR = 1500HELOC= 550Vehicle = 850Total = 4800 monthly At current loan rates for 500k, and a 800+ credit score be a lower monthly than the $4800? 

Why Memphis is Ideal for House FlippingSeveral factors make Memphis an ideal market for house flipping:Affordable Property Prices: Memphis has some of the most affordable home prices in the U.S., allowing flippers to invest with lower upfront costs.Growing Job Market: With industries like logistics, healthcare, and tech expanding in Memphis, demand for housing is on the rise.Steady Appreciation: Home values in Memphis have been steadily increasing, providing a favorable market for short-term flips.If you’re looking to get into the house-flipping game, Memphis offers the potential for high returns in a stable, growing market.

I deeply appreciate the help.I sent you a direct message. 

If the tenant's credit is terrible, you won't have the leverage to hold them accountable.

I think the Edmonton condo market is going to be the fastest riser in the major metros moving forward. 

Hi all,I’m trying to create some anonymity between me and the tenants.

Preferably in the Oakland, Berkeley, Walnut Creek area?

I’ve seen it plenty of times over the years, and I’d say you’re already ahead of the game for thinking through this strategically.

Now I'll lurk on the site until I have something to contribute.