Hi Davin, there's an apartment in Bellevue that comes to mind. I

I would like to hear from "PEOPLE WHO HAVE DONE THIS"  type of flipping / buy-n-hold, as well as the pros and cons of doing so.The first issue that comes to mind is where to get funding on a property with such low entry value.Coffee talk amongst yourselves and get back to me.

EDIT: Never mind. I

This is because I am able to stay disciplined and my mind is fresh.

There are some things that can cause issues with your upfront approval or end up causing a denial in or during underwriting that an unexperienced loan officer will not know or catch.One big thing to keep in mind is when you are buying more REI the guide lines require more assets and PITI reserves and a HELOC can "Never" act as an asset or PITI reserves.

Keep in mind I am brand new at this.

Mindy

If there is not a lot of activity in the area then the Zestimate will be way off.One thing to keep in mind is that Zestimate also doesn't factor in "aesthetics" nor does it factor in "ammenities". 

Mindy 

Please keep in mind i know most ppl use the Heloc as a down payment then get a mortgage.