Purchase price: $164,000 Cash invested: $10,000 Sale price: $260,000 I purchased a townhome in an up-and-coming neighborhood with a lot of public and private investment in the Atlanta area.

The letter confirms the amount of security deposit and the "paid through" date for rents.

A Heloc can never be used as a PITI reserve, or an asset instead its a debt burden and an additional trade line on credit.A Heloc carries a higher risk when it comes to security meaning if you miss a payment even by mistake or for any reason, your scores drop, or your balances start to change your DTI or usage percentage.

Extensions may be granted for valid reasons, like needing more time to secure financing or complete due diligence.

But all of these investments operate under highly regulated and constrained exemptions to securities law, and I have been told it is very difficult to do the above legally.

I personally collect a security deposit and get the damage protection waiver for added protection.

Hi @James Heller I am fully renovating 2 of my units on a 4plex I have in Golden Hill...feel free to reach out and send me a private message if you need assistance and contacts....You can get cabinets and prefab quartz countertops pretty inexpensive and refacing is usually more expensive, I've found.  

Consider a cash-out refinance or a small business loan to fund these repairs and secure the property long-term.

I've committed myself to being a full-time real estate investor, private money broker and real estate consultant!

Many are private owners just subsidizing their mortgage or they would not be able to afford the house without renting it out much of the season.