Even if things don’t go perfectly, you’ll gain valuable experience that will help you with your next project.

A Heloc is nice if you want to use a small amount and then have a small payment but a Heloc is meant for small projects and maintenance.

Project cost: $510K, with an ARV of $750K.

Once you have a steady cash flow and a better understanding of what goes into renovations, you’ll be in a stronger position to move into MTR or consider a fix-and-flip project.

However, most lenders have no desire to deal with that which is why they work with experienced and proven investors they are confident will drive the project to its finish. 

Additionally, the property’s location in Rolling Prairie, IN, aligned well with our investment strategy, making this a promising project for collaboration with our partner Ron Rowan.

Lastly assignment of rents  Now keep in mind my were residential but getting tenants to pay a note holder is pretty tough and if they wont you need a court order which is usually not worth the time and expense..

You'll spend a lot of time (sounds like you may have already) spinning your wheels in trying to find the right lender, whereas a solid broker can pair you up with the right fit right away and get your project moving. 

., generally speaking, every North East Atlanta suburban market will be tough to find and acquire cash flow deals (especially with current rates).

If you're confident in managing the project and timelines, this could be a worthwhile venture.Need guidance on financing or navigating your first major flip?