Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

I believe the best option incorporates all three approaches, in the following sequence:Connect with knowledgeable local investors to quickly get a sense for the many sub-marketsBuild a core team of capable professionals (PM, inspectors, contractors) who are goal-aligned with you and also have no conflicts of interest among themselvesDo a single small deal to establish a work process for the team and get a minor win.Make strategic visits, not to inspect rehab work but rather to strengthen your relationships with your core team.Do more and larger deals, adjusting the team as necessary.This is exactly the approach I'm in Lubbock, Texas today and would love to compare notes with you.

Those are some compelling numbers.

Unless someone can make a compelling argument for the HELOC.Cashflow would be the focus.

The use of trusts becomes particularly compelling considering the ever changing relationship dynamic.A loan from the parents to the children's venture might make a lot of sense.As a general rule however, I don't recommend lending money to family or renting to family (or close friends). 

I would assume that Core Logic and Black Knight have similar access to data and would yield similar results, plus or minus.

We knew that there would be a bunch of offers and that we needed to make a compelling offer.

t=52 it says you won't be able to rent to your son and his family.In the bill it says "§ 214 (G) THE LANDLORD SEEKS IN GOOD FAITH TO RECOVER POSSESSION OF A HOUSING ACCOMMODATION LOCATED IN A BUILDING CONTAINING FEWER THAN TWELVE UNITS BECAUSE OF IMMEDIATE AND COMPELLING NECESSITY FOR HIS OR HER OWN PERSONAL USE AND OCCUPANCY AS HIS OR HER PRINCIPAL RESIDENCE, OR THE PERSONAL USE AND OCCUPANCY AS PRINCIPAL RESIDENCE OF HIS OR HER SPOUSE, PARENT, CHILD, STEPCHILD, FATHER-IN-LAW OR MOTHER-IN-LAW, WHEN NO OTHER SUITABLE HOUSING ACCOMMODATION IN SUCH BUILDING IS AVAILABLE.

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

I’m coming up on 2 years flipping and holding myself and have completed 7 projects and I feel compelled to touch base with new investors because I learned a ton of things the hard way.