This route also provides access to capital to fund some larger purchases in the next 5 years (roof, HVAC, siding, windows on rental property and last projects on primary residence) in the form of a HELOC if we were to go the route of a first lien HELOC/All In One mortgage.

Take the time to write down a clear succession plan, define your investment goals, and outline what you want to achieve.From there, establish a budget and determine how much time you can realistically dedicate to completing repairs and renovations.Once you have a solid plan in place, secure financing and assemble a reliable, licensed, and bonded team you can trust to handle the rehab of your asset.I look forward to hearing from you a year from now about how successful your investment is! 

Tomorrow, we’re talking structure—framing, roofing, and making sure your rehab doesn’t fall apart.👉 Come back for Day 3: Building a Strong Foundation (Literally)!

With big properties like apartments, usually they'll at least get specific inspections (i.e. roof, pest and dry rot, phase one, etc.)But when a flipper becomes quite experienced they often feel comfortable enough doing the inspection themselves too, which is another factor. 

I do feel like anyone serious enough will just take the two minutes to answer the seven questions, which basically just establish if they meet the minimum requirements (3x the income, Credit Score, No Pets/Smoking, etc). 

I truly believe that collaboration with social service organizations and impact investors will play a vital role in achieving my goals, and I’m eager to explore how I can establish partnerships in the future.

Fix roof mold issues like 10k7.

However, state laws vary, so consult a real estate attorney.Hard Money to Conventional Refinance: Purchasing through a hard money lender in an LLC, then refinancing into a conventional loan after the rental history is established, can help secure better loan terms.State-Specific Considerations: Some states impose transfer taxes when moving a property to an LLC.From a tax perspective, LLCs are typically pass-through entities, meaning rental income and expenses flow to your personal tax return with no direct federal tax benefit.

My opinion is a SFR in an established area will help you keep occupancy up and also gives the better opportunity to sell later.

With the roof , you should see that when you look at the house .