That translates into over pricing and being unable to sell at all.

And if you figure that the real estate market is going to continue trending up with more volume, then maybe that translates into perfect timing to do something like this.The only other comment I'd have is that if you are putting in most of the money or a big chunk of it compared to them, why are you not getting a say in certain operations?

Stuff that blows up a deal can be really simple to a local but not something any one else anticipates.See if you can create what is largely a translation document so that local terms and practices are explained in the RE language of the buyers.

You can use the HELOC for your down payments - translated - if you're buying 100k properties and you have a 100k line of credit and need 10% down, you can buy ten properties :) with your line of credit.If you already have properties ear marked for purchase and/or have them under contract, you may want to get the HELOC in the same month as you begin applying for mortgages for credit inquiry purposes.

Translated, that means for a house with a $200k ARV you can get a loan up to $160k.

Annual depreciation of $3000 translates to an adjustment of $250 to your rental income calculation.

That gives us the same $500 a month in cash flow.Gross Rent $4,500Expenses: $2,250NOI: $2,250Cash flow: $500Max payment: $1,750Max price: $263,038For the $900 units, that translates into $52,607 per unit.

If you paid $230K you'd be right at $100/unit/month, not counting the extra expense for heat.A seller second doesn't translate into 100% financing.

The no cost loans directly translate into a higher interest rate.

That translates into $20K or just over the equivalent of $10/hour.