I'm also in the market for GC's or subs in the area.

I am proficient in investing and confident in earning 7-10% returns in the market over the next decade or two.

Exit StrategyResale Planning: Research market trends for optimal selling timing.Long-Term Investment: Consider retaining the property as a rental post-graduation.Marketability: Choose a property with appeal to future students or young professionals.By following these steps, you can make a well-informed decision and ensure a successful investment that benefits both you and your student during their college years and beyond.Peter Derry PHD Properties 

For me, the first pass at underwriting is simply about determining if a deal is worth exploring further.In the current market, I’d say 9 out of 10 deals are dead on arrival.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Did anyone have any success obtaining a NOO HELOC under LLC recently now that the market is better for the lenders?

I use my license for multiple activities: Of course- comps, when buying and when selling, tax data- to see what I am about to pay when i own the home ( for long term holdings), check the DOM (days on the market) for the subdivision I am either buying on, or when I plan on selling, etc. 

You’d buy an off-market, distressed property, fix it up, rent it out, refinance it, collect your money from the refinance, and repeat the process.

I am not in the flipping market but I handle multifamily transactions for buyers and sellers who are very transactional.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)