@Guillermo PerezPositives:- Equity Built: You now have $70K in equity, which is a solid result for your first deal.Cash Flow Potential: If the property rents well and covers your debt service while providing some cash flow, that’s a win.- Experience: You’ve successfully navigated a purchase, rehab, and refinance, which are the core components of BRRRR.Considerations: - Budget Overrun: Being $27K over budget highlights the importance of tighter cost estimates and contingencies.

Happy to connect and provide some feedback if interested.

fpr=1k54qIf you want to DM your address I can provide you with a free report from my tools (bnbcalc and AirDNA pro)

After communicating with a prospective resident (Google Voice #, usually by text), with just a name, telephone number and email, the applicant can pay $55 to provide us with a background, eviction and credit check.

At about half of my properties I provide quarterly exterior pest control services.

In the latter case, I would still use QB to enter info provided by the 3P servicer and to maintain my general ledger for the lending business.

Since you lived in the home for 2 years and 9 months before renting it during your deployment, you should qualify for the exclusion of up to $250,000 ($500,000 if married filing jointly), provided you meet the other criteria.

If you’re doing updates to a property, they can provide you with a list of qualifications to help your property be more energy efficient maximizing tax deductions.

Both companies provide a Customer help screen that could answer your questions pretty much immediately.

The “I helped the seller by a sub to purchase” and the “you screwed the seller by a sub to purchase” are both correct AND incorrect.Because it depends on whether the seller was provided with a full disclosure of the ramifications and possible consequences of entering into a sub to transaction; whether the seller is mentally competent to understand the ramifications and consequences, and whether the transaction is accomplished without lying to the lender.