This, on top of the up to 17% cost of capital.3.

We did get much lower costs when we changed to minisplits but the initial cost is high.

Credit cards have the same limitation on the amount you can borrow and will likely end up costing more than private lenders.

If the market value mentioned above is accurate and the “initial” loan balance hasn’t increased by rehab funding, I wrote above that the proceeds are just a couple million after closing costs and commissions.

Before I try to sell the idea to them I'd like to have the best data I can on potential earnings, upkeep costs, likely occupancy, and other points like that.

I was wondering if there would be any advantage creating a LLC or business to pay for the renovation costs.

Be focused more on systems; i.e, are we saving enough money to invest by not indulging in other areas and prioritizing the right specific things, is the cost of this pursuit worth what you're sacrificing, if we keep $X set aside everything else above $X should be invested here in the short-term and this in the long-term.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Cost per lead (CPL) is crucial—it shows how much you're paying to get a potential seller or buyer’s info, and you want this as low as possible without sacrificing quality.

If I had the business headquartered at some commercial or industrial space, I could deduct the entire cost of the space.