To see how much a 1031 exchange will benefit you in a sale you must first calculate the performance of your current property.

In regards to the numbers you're calculating they seem to be relatively conservative in my opinion, to be direct it's more than I use for homes that are in good condition.

You should also check BP Calculators.

Just be sure the calculate in the interest you are paying on that HELOC into the new project.As for banks, my experience has been that many banks do not like to do HELOCs on rentals unless you have a decent portfolio which they then look at as a business instead of a single rental property.

not sure where to start :)6.BP calculator works great, just need to tweak a few things when using is7.

They have an app that you can run comps on, play with rehab budgets, do ARV calculations as you drive for dollars and apply for the loan on the spot.

As I said, math and numbers aren't my strength, but I'm a dedicated student when I put my mind to something, and I know how to read and use a calculator :)Thanks for reading!

Hello, For anyone that is not well versed in rehab estimation, how do you go about calculating rehab costs if you are not going through a realtor to find deals?

An LLC has no effect negatively or positively on how a full doc lender will calculate your income.

At the same time, I prefer to minimize liability, though I’m not a seasoned investor.Is this one of those calculated risks that investors eventually become comfortable with, or should I prioritize limiting liability from the outset?