This community is amazing and nationwide multifamily real estate investing is what I do all day ;-)BTW, you may or may not already be practicing this strategy but save your time driving to places you probably won't buy anyway.

I'm a newbie getting ready to make my first purchase and trying to determine the pros/cons of HML, HELOC or using savings.

If anyone is familiar with the keyword alerts on biggerpockets then Google Alerts should be a breeze. google.com/alerts allows you to put in and save keywords into Google.

It saves you money on closing expenses and interest payments and allows you to get a better price.

I have $ in savings, a solid W-2 dual income with wife, and 775+ credit score.

Marvin.I think that selling your house and moving to a house where you can afford the payments is a smart move.That will allow you to save you cash which then you can invest that cash into assets that will produce cash flow for you.Your personal residence is not an asset.

I’ve been traveling for work these past 3 years but I’ve been saving money knowing that I want to buy a home and sublet out any attached units.

So my wife and I created an LLC with an EIN and are about to fund a company bank account with our savings.

First off, you have the most awesome first name on the planet and you even spell it correctly!

But they will need to see bank statements and even credit score info before moving forward, you will have to submit for draws during the rehab, and they will hold some of the $$ back until the rehab is complete to their satisfaction.Bottom line is as an investor (from your perspective, not the lender's), you should always have the cash saved and available to fund either type of deal without having to take a loan from another source.