Sorry bro I had to say it@Mike Reynolds Gave you a ball park scenario but in reality no one can give you a number based on the information givenAs someone who has flipped hundreds and hundreds, I am reluctant to attack a 100yr old house.

If your cash flow allows, why not attack the principle and be done with the loan asap?

I feel we are one Natural disaster, or Terrorist attack away from the next collapse.

Understand that DM is a very long game and you need to make a thorough plan of attack.

On liquidation, the equity is going to go first and a personal guarantee on 60% debt is not likely to be attacked if you're buying the property right.

@Garret Hohn imo once you get out of college your priority should be in this order: 1) Increase your income 2) attack your debt like a madman and wipe it out 3) Build up your savings 4) Invest If you try to put a roof on a house before laying a foundation, framing the walls, erecting trusses it's not going to be pretty.

I attacked the mortgage with the HELOC and some cash)4.

This helps a lot in my journey figuring out other ways to attack properties for funding.

If you cannot logically support your assertion, I have to assume that you were making an intentional and material personal attack on my reputation of doing business.

The Realtors in general are poised to attack each other and prove their worth by pointing out everything the builder didn't do.