The goal is to complete renovation within 6 months in between guests and then refinance in the next 1-2yrs to pay off the seller in full!

@Antoine Black  In general, yes, it goes off your personal credit. 

The BRRRR method is a great way to quickly build up a rental portfolio and considering you are in one of the fastest appreciating markets in the US, you will be able to profit off of appreciation as well as rental income.I am a real estate agent for off-market distressed properties here in Fort Worth, Arlington and surrounding areas.

If you’re In a title state make proof of utility pay off a condition of closing.

If I refinance for $279,000 and use $70,000 of the proceeds to pay off the HELOC, will the interest on the full $279,000 refinanced loan remain fully tax-deductible?

As far as I know, you can deduct off your W-2 income if you are a real estate professional. 

Had a quick question.I purchased the property for $500K about 10 years agoI'm selling the property for $575K with the Fire DamageI received an insurance check of $380K for the fire damage.After Paying off the Mortgage + Escrow + Realtor Fee's, I'll be left with about $150K.My question is will I get taxed on this $150K?

Hi, Are all big players selling off RE and keeping them cash ready? 

I don’t have a specific recommendation off the top of my head, but for HOA/condo insurance, it’s usually best to start with a broker who specializes in multifamily or association policies.

He had to reset the main breaker that turned off dryer, so it was a quick fix, but said it could prevent messing up appliance and having to pay more.