Using your first property as collateral could help reduce the cash you need upfront, but it’s essential to weigh the risks and it's not really recommended specially if this will be your first.I recommend focusing on building reserves or seeking partnerships to fund flips.

Essentially you are creating future tax free income by being able to roll over these losses.If your income is between $100,000 and $150,000, a portion of that $150 loss is deductible and the rest rolls forward.If your income is less than $100,000, your loss is fully deductible - and THAT's the cool thing about rental income. 

“Money goes where money is treated best.”Your future ability to attain and maintain financial freedom depends on the city where you invest.Investment TeamAn essential location selection criterion is an experienced local investment team.

She interprets this language to mean that only those specific types of damage must be disclosed, and nothing else.Their position is essentially that, since the repairs were completed, they have no obligation to disclose further details.

.: Quote from @Colby Easterling: I did not reply earlier but yes, that is essentially my plan.At a high level the way I think about my finances is I need x to retire (my number is about 2.5 million). 

Essentially he's (Michael Lush) peddling using a HELOC to completely refinance your mortgage and then using it as a checking/savings account.

Since the owner needs to pay your attorneys fees (essentially limited by statute, so can be estimated) in connection with a redemption, all of that math should be part of the planning.

With larger projects come bigger budgets, and tracking your cash flow becomes essential for profitability.

Clear communication and legal safeguards are essential for a successful partnership.

They argue that the first few years maintenance would be insignificant since the properties are renovated, and so you're essentially stashing that money away for the future maintenance needs.