I’m sure there are ways to make money with whole life or universal but the fees are outrageous and the payouts are not what they seem to be.  

You only really have a couple of options.HELOC/LOC with the property as security.Refinance the first and walk away with a bigger first.A great way to get into properties with little money down though is to buy distressed assets at a discount, force appreciate them, and refinance to pull the cash out.

I am based in Arlington VA, so if you are looking for someone to help you make money together.

According to him I do not need to file state returns for those states to preserve my loss carryovers until there is actual profit showing.

As far as REI goes, here's my history: I had one buy and hold with 3 other investors, which we just sold and I was a hard money lender for one flip.

I am basically the traditional Asian family that spent my entire life saving money and purchasing a place in New York City, and after trying to survive for a while I find it too hard now that it’s 2 people and decided to move back to my hometown and do some investing looking for cash flow in particular.

Are these actual repairs or renos? 

You cannot do a bridge loan on the actual property you want to buy because that would be a refinance.On a renovation loan you still need to have a down payment to cover the LTV/LTC gap since most banks only allow a 80% LTC on a investment SFR.What you can do is take out a HELOC on your investment rental so that you do not touch the 2.875%.

section 8 is like around the clock property management. there’s money in it but it’s extra work depending on who you put in the units. 

My brother, who owns a business, actually recommended keeping the house and to use HELOC for the second home.