It requires slightly more work upfront but once you get your systems down, it's pretty smooth sailing.

Since I fired them I've been using April with Hart Sail Management and so far she's been great.    

The sellers do not like to wait that long to get their funding (they could have sold it to someone else and got their money nearly immediately) so they aren't thrilled when they find out that your SDIRA is through Equity.On the plus side, Evantage (online account management) makes it fairly simple to pay bills associated with your account so once the deal is funded, it is smooth sailing.

And they won't sell you the property unless you can show proof of funds covering the sail price AND the rehab estimate.

I have heard a lot about the Ohio City/Treemont area being the next up, I saw you mentioned it as well in the guide you shared with me, has that ship sailed or is it still in the rebuild process? 

I'd also need to borrow in the $200k range for loan repayment + repairs, which is beyond the scope of a lot of HELOCs.Would've probably been a lot simpler had I just kept the really low rate with my first lender, but that ship has already sailed.

Yes, with these rates you are definitely not “cash flowing” and I believe that ship has sailed, but if you are renting out the other unit and it is costing you the same, or less than to rent something similar, you are in the green.

I know in my market, that ship has sailed. 

Hello everybodyI am having a hard time making math work with DFW flips, and I understand that ship of easy money has sailed, and that wholesalers + hard money eat a lot of profits.Particular problem is with buying / selling costs.What would approximate math look like on a 150/180K PP, with 250-280 ARV with 40-50K in rehab.https://tools.reikit.com/properties/fd9710a7 - this is what my analysis looks likePlease let me know if my math is way off in terms of buying / selling costs & hard money financing.Lets assume that hard money is 70% ARV  - 12% interest only - 6 mo min with 2-3 pointsThank you!

Some months, everything sails smoothly, and other months, when you break the fee down, I work for pennies an hour on a particular house.