This approach would allow you to preserve capital for potential future investments or unexpected expenses.Property Valuation and Equity: Given the high property valuation in Los Angeles, it's understandable that pulling out equity for another property might be challenging in the short term.

I personally use Turbotenant and it has been awesome so far with very supportive customer service!

Knowing where you're at in the journey allows you to switch products at different stages (IE at 4 properties, or when you get to 5, or 10, or 15+ and 20+ because pricing/terms change as you progress).I think the local banks and credit unions service another gap as their rates typically tend to be better but there are cons as well such as balloon loan features that require a refi/exit/sale at the end of 5-15 years.Depending on your strategy and outlook weaving different products can help solve your gaps in your strategy going forward.For instance, for me I didnt want a fixed term cash out commercial note so I just did a blanket commercial line across multiple APN# parcels because, we never know when a deal will come up and sometimes having interest charges with no deal doesnt make sense as the funds burn a hole in the pocket so to speak.As soon as I find a property suitable for a project I may use the lines to fund the project with an eventual commercial refinance out when it hits completion in order to pay back down the lines (reload for the next project).

Also you are absolutely not allowed to store any data that you get with it. 

If you had a good deal you're allowing every other wholesaler to now take a look. 

I'd be conservative with your numbers regarding the number of bedrooms and occupants allowed. 

Some mortgage servicing companies will allow a "one time recast" meaning the borrower will pay down a large sum and then re-amortize the loan based on the new mortgage amount. 

some states require that you pay the loan in full prior to the auction if you want to keep the house. https://www.nolo.com/legal-encyclopedia/summary-alabamas-for...Reinstating the Loan"Even though Alabamalaw doesn't provide a statutory right to reinstate the loan before the sale, many mortgages, like the uniform Fannie Mae/Freddie Mac mortgage, allow the borrower to complete a reinstatement.Check your loan documents to determine if you get a reinstatement right and, if so, the deadline to complete one.

Refinancing with conventional or DSCR is the most common way, which would allow you to do a cash out of 75% LTV.

Talk to all of the tenants and find out how quickly they want to move based on the new rents and customize the terms you offer to match when they could move.