It also allows gives you greater flexibility.Plus, once you flip the home and make a few dollars, you should be able to pay the HELOC to a zero balance as well as having extra funds to throw in your war chest.

For example, if your house is valued at $400,000 and you only owe $200,000 on your mortgage, your equity would be $200,000.Why Equity Is Such a Big Deal for Homeowners Looking To SellRecent data from the Census and ATTOM shows how significant today’s home equity really is.

You'll want to have an insurance agent familiar with rentals since a lot of the extras on your coverage that you will want, the average insurance agent won't know to give you. 

If I find the buyer I would charge and extra 1.5%. 

With AI or just plain data management, we should be able to catch quite a few issues.  2. 

Going direct saves you and the seller money, giving you a lower cost to entry which helps all your numbers, but you have to put in the extra work to find that deal.

Politely and clearly, make it extra clear that all information will be verified including income prior to the signing of any lease.  

But with the second home the $600 in extra rental income is enough to pay towards an equity loan.

Don't base it on one data point that is not available :) good luck

Historical data shows that the transaction fees are very stable and predictable. 2.