I keep properties that I have very little cash tied up in and that the tenants will pay off over only 3-5 years for my rental portfolio.Anything that needs a lot of rehab and will allow me a good paycheck when done, I flip.What you keep and what you sell totally depends upon where you are in your investing career and what your goals are.

This will help you to define your goal and allow them to help you achieve it.Best of luck

My goals for this post are to:- Introduce myself- Connect with others operating in beautiful Northwest Arkansas- Begin assembling my network of service providers- Accelerate my learning curve If you fall into any of these areas, please connect with me.Respectfully,Jeff Rice

Our goal is to eventually buy a third and rent out the second property as well so we also want to make sure the numbers make sense as an investment.

Might be a good fit for what you want. 

These products are a great fit for buy and hold investors and offer favorable terms and underwriting processes compared to traditional Fannie Mae and Freddie Mac loans - also helps you to get around maxing out your 8-10 loan limit with the government loans.

If their numbers do not fit for me, I pass.

My goal is to have this rental property by August 2019.

There are some compelling reasons to use a Solo 401(k) . . . .if your investment style fits the template.

The plan currently is to fund this flip (price at foreclosure sale + reno) by private money at a 10% interest rate with no payments until closing, after the flip.I looked through all the contracts available here on BP and none of them seemed like the right fit.