When the time is right, don't be shy.

At the same time, the number of companies expecting to downsize has dropped to 37%, the lowest since 2021.This change could signal that the worst of the downsizing trend is behind us.

Typically lenders would request 2 months of rental receipt + bank statement showing the tenant paying the 2 months of rent to the landlord OR 1 months of rent + security deposit if the lease just started.

If I can't do this the house loses money big time like 800-1200 a month.

so I can spend more time with my wife and newborn along with travel, challenging myself, and become the largest investor in my area.

You only need base hits repeated over time in order to become wealthy.

Additionally, cultivating a track record of successful projects can help negotiate better terms over time and foster trust with private money lenders.

The first one is a conventional loan through Newrez .

Keeping receipts and a log of these expenses will help support your deductions during tax time.

Let me explain that better, imagine your rehab is $100k, you would need to do part of the rehab, maybe $10k, and then you can get the funds for those first $10k reimbursed so you can keep progressing with the rehab.Given your experience, I would recommend you start with a moderate or light rehab, mostly cosmetic work so that you can do it yourself and won't get your profit decreased by hiring third parties.