This can work out if you find a beat up property, buy it, fix it up, get the appraised value up, get renters in it, and then you can refi into a conventional loan under the new appraised value.

Every time you drive, workout or do other mindless tasks is an opportunity to listen to a podcast (on 1.5X speed).

Numbers seem to work out for a solid rental prop.

and usually done in less than 45 minutes  LOL.. first one and then the monitor thinks I gave up and I say NO just done then they instant grade and I am newly minted.Now in MS when it took that brokers test for recip it was only 14 questions.. believe it or not.. so I did have to work out the math ones there were two.. but I got 12 out of 14 and passed that took all of 15 minutes.. more like a drivers test..

Large 4th bedroom, w/ flexibility to be a workout or play room or a private separate bedroom. 3 of 4 bedrooms have custom closets w/ sliding frosted glass doors & easy gliding storage trays.

Large 4th bedroom, w/ flexibility to be a workout or play room or a private separate bedroom.

Hi Andrew.Hard Money Loans can work out great and I am seeing them get even more attractive as of late.

GM Everyone,Looking at trying to work out my first deal (hopefully it is a deal). 

This 75K could be used as a down payment on a FHA loan, pay off the debt and probably still allow me to have 10-20k left over to invest in my first property.We talked about trying to rent out this property we currently have and purchase a new house but since our current home wasn't purchased intent for BRRRR the numbers don't work out unless we refi back out to 30 years and even then its a high rent item with high risk as our first property and vacancy could hit us hard.Has anyone had to make a decision like this, does it make sense to cash in on a property I have now to build a bigger wealth faster?

So that might work out well.