I don't hear many people mention this about these inexpensive Midwest markets but the property tax increases can really reduce your cash flow.

So, I can't see reducing it further.

It’s also important to document any insurance reimbursements received, as losses must be reduced by that amount.

As you mentioned here, we are also reducing our commission on certain deals whether its to make the #s work or to have the seller pay our entire fee.I also agree that many brokerages haven't prepared agents for this.

I am trying to see if I should just try to find a cash buyer who wants to hold the property and I could either finish the work as part of the deal or offer it at a reduced price for them to finish...my other option is to try to do a cash-out refinance since we have done a significant amount of work, can I still get a semi accurate appraisal without the entire work being complete.

**Save money**: With reduced expenses (gas, power, tolls, etc.), we estimate that we will be about to increase our savings from about $600 per month to about $2,000 per month.4.

You also asked if you should put your own house into an LLC.Yes, I think getting a Home Equity Line of Credit is a great way to get access to that equity and only use and pay for what you need.Putting your own house into an LLC may affect your ability to claim homestead taxes so you may not want to do that and may also affect your home insurance.However, putting your fix and flip into an LLC can reduce your liability exposure but make sure you also have the right insurance on the property while it is being worked on.

My advice is to get other quotes and possibly pull the loan from that bank before it costs you too much money.Feel free to reach out via message or email I would be happy to help and take a look at your LE and go over why they reduced LTV and if you can get back to 75% or 80%.

I read that I could dispute bad review in cases like this, but I also spent a lot of time and mental energy to find a middle ground.

For most taxpayers, that means assessments will be reduced to 2021 or 2022 levels, plus 15%."