We do traditional PML full set of DOT, note, etc. loan documents for $1,500 for residential. $3,500 for commercial.Hope this helps!

SEEKING feedback from other Sellers of rental or primary residence homes who have dealt with SINGH Development Company agreeing to Seller Carryback Finance terms and "the end result" from beginning to end of contract terms.The proposed offer is for 7 years, $600 monthly payment to Seller, balance due at end of 7 years, 0% interest as final overall price paid to Seller after 7 years from date of closing is inflated to $270,000.

Primary Focus3bd 2 bth single family homes that are destressed, renovate, then rent to section 8 tenants. 

I am in an interesting situation where I am in need of money to finish renovations on my primary residence.

But her primary point, that there is plenty of money to be made investing in her high-priced area, is extremely valid.

Used a HELOC on a primary, and was sure that even with that additional debt-service, there was + cash flow.

Used a HELOC on a primary, and was sure that even with that additional debt-service, there was + cash flow.

Start with your primary, rent out any spare bedrooms "house hack"Use that to practice upgrades, kitchen, bathroom, curb appeal... etcNow you have experience as a landlord and flipper, use that to buy a distressed propertyAdd 40% equity to the property through home makeover, refinance into a low cost mortgageNow you are cashflowing a healthy margin on a second property, use that to build equity over time, cashout later and buy your duplex/quad.If it's going to take you 10 years to save up a down payment for a small apartment building, yeah it makes more sense to start growing your portfolio with cheap SFR flips instead.Every market is different, every borrower is different, every property is different, it would be ill-advised to recommend anything without recognizing the individual's nuanced goals and objectives with their next acquisition.

One side is traditional rental and the other side I have furnished and have been renting as STR. 

HELOCs are not my primary business so I don't really look into them too much.