I tried to do a cash out or heloc on this house but it couldn't be done because of the price it was low. the house is located in Rockford il, planning to buy in Rockford as well since I live here.

I am an investor and realtor here in Madison as well.

Addressing community concerns upfront isn’t just a requirement, it’s a smart move for standing out with well-received projects.

@Carlos C.Mark Kohler is well respected in the industry.

There are also 2nd mortgage options as well. 

From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action. 

Lenders or investors who have short lock up periods but have years of experience feeding their business with new capital would give me more comfort but anyone who is just starting and is promising a rate of return or return of capital in a set period of time would be alarming because they very well could be reliant on fresh capital to make good on that promise and that usually ends poorly.

•Lender (if financing is part of your plan).Detroit is still one of the few places where BRRRR works well, and cash flow and appreciation are both on the table.

Renovation work throughout both apartments, gutted and refinished the basement as well as extensive work in the private backyard.

Best wishes to you as well!