Several tenants that performed poorly on their credit and background check offered to pay rents by auto draft, meaning, I could
pull rent money from their checking account when it was due — no waiting for a rent check to arrive; no chasing down tenants to find the rent.
Not exact matches
He was making more
money renting out the extra space than the import business was
pulling in... and he was hooked.
-(future) VA loan to refi SFH (under construction now, using private
money to fund construction),
rent out previous SFH, then
pull out HELOC after one year (I'm getting a very good deal)
I have thought about
pulling a HELOC on my moms house for roughly about 40k and using that to purchase a deal via a hard
money loan to rehab,
rent it out & cash - out refinance.
Many people are able to
pull money out of their current home and
rent it rather than sell.