Conversely, it could be tens of thousands of dollars in gains because they might go to you before ever talking to anyone else, because you showed them you respect and value them and their time and didn't act shady.I wouldn't bite the hand that feeds you, all I'm saying.

Just as a FYI, no architect or GC would rubber stamp a conversion but has to do their due diligence- I’m impressed with Peter’s grasp of  odd requirement so you would be in good hands 

It can be frustrating, which i know first hand. if you simply cannot win a bid then maybe look elsewhere or focus on properties that have been sitting for sale for a while that other people have taken their eye off of.

I have been reading and listening to everything I can get my hands on.

I think that Beaverton/Tigard and others are not quite the same as sprawling new developments outside Sacramento (perhaps more comparable to the San Francisco East Bay, to cite a local examplea gain), but on the other hand in the event of a significant downturn you maybe are more protected in the core.

Hello All,New member here and I am looking to invest in turnkey properties based on the comfort of a more hands off approach but I am also trying to understand the logistics of being able to take out a home equity loan or HELOC after closing the deal on the property, whether that be right after or in a couple years.

I use $75k of this to pay off the original loan and am left with $37.5k in my hand and a loan of $112.5k.Now the reason this is so confusing to me is something that they never seem to mention in the podcast(s) and other people glaze over; is this new refinanced loan at that much better of an interest rate to make this a no brainer?

If you are hungry enough, you will put in the work to hand write them and lick and stick them off to the post office. 

I have plans on hand ready to start ASAP, I am also interested in other work as well, I would love to connect and discuss the scope of my project. 

Having a job on hand is definitely something to consider.