Use an operating account for income and expenses, a reserve account for maintenance and taxes, and a high-yield savings account (HYSA) like Capital One's 4% APY for idle funds awaiting reinvestment.

My first attempts to get a loan ended in some pretty humbling experiences (getting laughed out of a couple of banks due to zero credit history).Fast forward to today, and after building up some credit, a stronger W-2, and a solid professional background, I’m finally back in West Palm Beach, Florida, looking to make my first deal happen.

I was at BPCON this year and a few people recommended Stessa so I just switched from Google Sheets over to Stessa. 

Also anonymity today is a joke, I can find out within 3 minutes and a simple $1 skiptrace who owns a property and where they live.

Typically most lenders will require a minimum loan amount of $100k and a minimum AS IS value of $100k for a fix and flip loan.

It sounds like nothing has fundamentally changed but you are feeling frustrated with capex spikes and a bad tenant.

Those are generally at least 1 of the following:1) Where they currently live2) Where they grew up3) Where they currently have family/friends living (if not included in #1 or #2)4) And as a last resort, an area where they like to travel/vacation frequently

Bidens are a great example as they are about as high profile as it comes, and as of yet nobody has been able to untangle the weave of exactly how all there entities work, what $ comes from where, and that's with arguably hundreds of thousands of people-hours into trying to untangle it to clearly point to where the $ is originating and who it's going to. 

These are professionals with additional training and a stricter code of ethics.

I set my Zillow on notification and as soon as I saw this house and the visual impact it has, I thought it would be great as an Airbnb.