Currently being leased, but expect my total cash on cash return to be above the number I target.

Hey BP family, I'm currently trying to help out a family in need from having to foreclose on there property by taking over subject to, it has a high interest rate although the entry is around 20k I want to wholesale this ultimately Is it possible for me, to disregard my initial assignment fee to get a buyer asap and add a 2nd lien on the property as my fee? 

Quote from @Kash Tacke: Hi,I have two single family houses in Detroit currently rented out. 

Since my current strategy is BRRRR, I'm looking for a location where I can implement it successfully within my budget.I’d prefer to target the best neighborhoods or subdivisions I can afford, ideally with favorable eviction laws and other key factors.That said, I started wondering if there might be a better strategy to achieve my goals.

Given the current market, I'd be surprised if he can get a bank to lend 65%.

A potential challenge with a HELOCs is they are based on the current appraised value of your home, not the improved value, so you would need to make sure you have enough accessible equity.

Hi AllWe are looking for a lawyer that specializes in multifamily real estate deals (5+ units) that is also comfortable putting together an operating agreement for our newly established partnership.Unfortunately/fortunately, we are not locked into a specific state currently so a lawyer that has experience in multiple states may be a better route.Does anyone have good recommendations?

Look at the current reviews and see how people feel about the place.

Purchase price: $108,000Down Payment: $25,000Interest rate 11%Balloon: 36 monthsPrepayment Penalty: NoneProperty is in Mission TX it is 5 units, currently 4 of them are leased for a total of $1,550/month

For example, what is the current zoning - does it meet your needs?