Cool graphics.Purchase price + rehab equaling ARV is not the most favorable but I would still proceed if you are confident about the area, the ability to get good tenants, see a good chance for appreciation, and if you are in for the long haul.

Rates are crazy low right now and if you keep the property for the long haul that extra money adds up.Get out there and talk to a few mortgage brokers, you will find someone that will do this.

'Cash is King' as it shows health in a business.Sure there is interest over the long haul, however aiming for equity build up over an extended period like 15 years could coincide with a market crash and as they have said 'you cant eat equity"

Haul lumber, pound nails, sweep and do all the junk that hired labor does.

Haul lumber, pound nails, sweep and do all the junk that hired labor does.

I feared you were hauling or setting it by the curb.

But you have to be in for the long haul and have a long term mind set if you want true success in real estate!

I was toying witht the idea of building a small roof over the door but I feel it would take away from the tudor style.

I used to Remodel Kitchens I have been checking wages for finish carpenters but I make more money driving truck hauling oil.

Hi @Jerome Chapman and welcome to the site.Because you're in this for the long haul I think its a safer option to refi the existing properties into new 30 year fixed loans.