Given that I’m currently unemployed, I’m leaning towards a fix-and-flip to generate some liquidity.Here’s my current situation:My first investment property (the duplex) was purchased using a HELOC from my mother’s primary residence (via Union Savings Bank), and the deed is currently in her name.I also secured a second HELOC against the investment property to cover contractor expenses.I'm considering transferring the property into a DSCR loan under an LLC, but I believe this would close out the second HELOC—can anyone confirm if that’s correct?

Also the water heater was not working which also caused the HVAC not to work as it was on a heat pump system.

Hey everyone, it’s Godsheritage here!

I’m thrilled to announce that I just closed on my first investment property within one week of joining the BP community! Even more exciting, I’m already getting my second prope...

Buy your flips with soft created Paper secured by a flip you’d like to keep.  

I have been told that systems for blanket loans only allow up to 4 units.

Hey @Alex Deal, I’d recommend QuickBooks—specifically QuickBooks Online—so you’re not limited by Mac or PC and can access it from anywhere (not just your local system).

The rental turn inspection would cover all the detailed damages and condition of premises, not overall building systems.

I think a waiting list/having a system in place to fill them will help our vacancy rate. 

For me fortunately I believe I have traditional security losses that equate to my capital gain, but I fear this DST industry has successfully pulled the wool over the eyes of retail investors who have a 1031 - 45 day count down and feel they have no other choice.The debate can start here.

The property secures the loan.