My passion lies in expanding my portfolio of long-term rentals and diving into property flipping as I grow in this journey.My main goals are to connect with like-minded investors and professionals, share experiences, and soak up as much knowledge as I can from this incredible community.If you’re based in Georgia or working on similar projects, I’d love to connect and hear about your journey!

Allocate equity based on contributions: you provide the $235K HELOC and management, while your former boss contributes renovation expertise and labor.

When I purchased it I simply based my offer on the numbers that made it work using the BP Calculator.

If its the business then asset based lenders may be interested.

I'm California-based where there aren't any real deals in my area, so I'm exploring Detroit as an alternative real estate investment market - due to the combination of it being a strong market and my having connections in the area. 

I am based in Houston and currently embarking on my journey into the world of real estate wholesaling.

I'd underwrite the deal as any other - make sure you are conformable with the quality & tenant base. 

Lenders can have different loan options based on the property type and the amount of rehab (if any) required for the project. 

So seems like a decent play for cash flow but not much for appreciation.

Loan seasoning requirements are usually based on the note date and the loan purpose, like cashout refi.