If you're looking to purchase another property, Use the total value of both properties to increase the total loan amount towards the new property purchase.

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

Considering an all cash purchase to "park and profit," but open to debt.

theoretically: coop off loading 75% of RE at a price of over 85% of purchase price. 

Max LTV to expect for purchase is 75% of the purchase price, and for refinance, 65%. 

I've purchased to turnkey properties in Memphis.

Would the STR loophole be a way to write off large RE losses this if you don't have REPs status?

If you have that much cash it would actually be more efficient to purchase a pre-existing fourplex, put the 5% down and get some concessions to buy down your rate.Hopefully that all made sense.

I just purchased a rental last month with a tenant already occupying the property. 

My mother-in-law is managing the state and doing some projects to get the house in better shape before going to the market.My husband and I would like to purchase the home as an investment property (rental); my mother-in-law stated that she would "discount" her part of the purchase, which means we would only pay 66% of the original price.I am trying to think of alternatives to borrowing the money.