@Melonie Dickson, sorry, it's N-A-Y. 

@Jay N. , If you take the money out of the equity line of credit ( it is not called HELOC if it is not your home), there are few treatments. 1) If you invest the money taken out in the investment or other business, the interest is deductible in that business activity, not at you rental activity. 

Originally posted by @Roy N.

Most banks generally don't have the fix n flip type programs that would be needed to do these kinds of projects.

Due from Seller at Closing$3,536.49 01 Excess Deposit02 Closing Costs Paid at Closing (J) $3,536.49 03Existing Loan(s) Assumed or Taken Subject to 04Payoff of First Mortgage Loan to 05Payoff of 2nd Mortgage Loan to 06 07 08 Seller Credit 09 10 11 12 13 Adjustments for Items Unpaid by Seller 14 City/Town Taxes 15 County Taxes 16 Assessments 17 18 19 CALCULATIONTotal Due to Seller at Closing (M)$46,304.86 Total Due from Seller at Closing (N)-$3,536.49 Cash From x To Seller $42,768.37

Unless there has been a reported or recalled flood like Houston, N Carolina few cared or discount them.....The real question is how much is the mandatory flood insurance per year with a loan?

The location is Sully's House - 1501 N Dayton St.I recommend checking us out on FB and Meetup.com.

Hey BP,I need a structural engineer to take a look at a deck that is built hillside in the Hollywood Hills.

Here is a link for the property itself: https://www.realtor.com/realestateandhomes-detail/309-N-4th-St_Decatur_IN_46733_M34729-76412#photo0Apologies for not having an analysis report to accompany this question.

Hello Bigger pockets Member's, I am a new REI  in Hollywood/Fort Lauderdale Florida.