Good morning all,thank you in advance for your input.

Divide it's cost by it's useful life in months and this is the amount you should be putting aside each month for when the repairs come up. 

And then the net proceeds are divided 50-50.  

Good Morning Edward, Have you spoken with any local lenders down here on the Outer Banks?  

Good morning!

It's really $66 if you divide the annual HOA fee into monthly amounts.

.: @K S. here is Nike:Return on Assets   9.89%Return on Equity 36.38% To be fair if I could use Chinese slave labor, turn a blind eye to forced sterilization, and organ harvesting via the Uygur population, then turnaround to exploit, fund and exacerbate the racial divide in the US for marketing purposes and my bottomline, I could certainly juice my ROE.  

Good morning fellow Pro Members,Current Real Estate Investor Newbie...working on purchasing my first HouseHack in DFW.

Good morning Ashley, It depends on what you plan on using the HELOC for.

By calculating the NOI and dividing it by the expected CAP rate for the area, you can determine the value of the property.