I am happy to pay a competent firm to keep me from violating the terms of my plan and answer questions, but somehow I fear that no one will want my account because the banking part is outsourced to Titan Bank (which is not paying interest, so I should probably switch from them too) and perhaps there are no custodial fees to be had the way this plan was set up. 

Once the renovations are complete, you could either refinance it into a long-term loan or list it for sale.Happy to answer any further questions!

These are the practical questions I think about when I hear a lot of chatter about this illusive thing called accountability.

Let me break down some advice for each of your questions:1.

Based on your question, I'm assuming you're looking to flip this property rather than rent it out, is that accurate?

One final question about your strategy and I appreciate all of your information, why use a wrap mortgage?

This raises a question because we had a lease agreement on file showing a rental amount of $2,000 per month."

If you need to cover utilities, the numbers tighten significantly, making a lower purchase price essential.Let me know if you have any further questions or want to explore these numbers in more detail—I’d be happy to help! 

@Mohamad Guene Regarding your question, it really depends on the investor.

Originally posted by @Mike Lambert:@Jon Latorre$100k+ sounds nice but it's not the same return whether the property costs $2 million or $5 million.My question was what is the typical rental yield range?