The HML covered 100% of the $32,500 rehab budget through drawbacks.Refinance: Post-rehab, I refinanced into a primary mortgage, creating 25.5% equity in the property.Future Financing: I plan to leverage the property with a HELOC to access up to $86,000 in capital for future deals.

During the partnership, you can jointly manage the property, increase its value, negotiate a flexible repayment plan with the seller that allows for larger payments after the property appreciates, ensure a written agreement that clearly specifies repayment terms and timeframes and refinance, and the sellers are able to 1031 at their leisure? 

I’d love to hear how your plans are shaping up!

My plan is to put 5% down on a 30-year conventional loan and have the rental income help cover part of the mortgage.

I plan to appeal this but I'd like to hear if this has happned to anyone else.

Dmitri then called the 10K an "onboarding fee" as a means of justifying why the fee would have to come first and reiterated that it would be 10K up front for every property I might want to purchase (if my intent was to purchase 2 properties it would be 20K up front, and if my plan was to buy 5, then it would be 50K up front). 

Have you thought about this approach or considered a phased plan to build up your portfolio?

I also look at future development plans in the area, as new projects can increase property values and attract more renters.

Plan would be to sell. 1.

You want to focus on markets that work with your plan and also where you have a personal connection with someone, even if you build that on the internet.