Expect, to only get about 8% (or lower) of the properties you buy redeemed.If you pay close attention to the type of property, and do research to protect your interests, the percentage does jump up to about 30%-50% on the properties eligible for two year redemption.

I think the HELOC is the way to go if you can - However after reading your post, if you are talking about a 6 figure pay day, how long would the property take to generate that 6 figures in cash flow?

Be flexible and keep an eye out for opportunities, as they often come when you least expect them.

@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

and I'm still sitting here trying to figure out how I can classify all my income as tips.

Now my expectation is that I won't leave more than 12-15% of my investment in the property after the refi.

We keep 8 figure working we are small time but if you check my website you can see what we do in a short over view..

Whether they’re navigating their first deal, figuring out how to structure financing, or learning the value of patience, my clients gain confidence knowing they have someone who’s been there.

Moving walls usually requires figuring out what is or isn't load bearing and likely putting a large and usually expensive header.

I expect you'll get great feedback on this post. i'll address one metric that we use to use but we have thrown it out.