@Michael WeisA HELOC is a separate product.

The appraised value would be off of the finished product after repairs are completed by the contractor.

Hi:Pretty sure my excellent tenants have a new baby, in addition to their toddler.

Shawn.Duplexes and single families and quad's all work in the same way and you should have a little bit of diversification in terms of location and product type. 

I used excel until I got to 25 units, and I wish I would have used a software sooner. 

Although that product is great for follow up and wholesaling, we are looking for a workspace designed to also manage rehab projects and rentals, as well as a better place to keep track of our private lenders/coaching clients/agents etc. 

The property does not need any work other than a deep cleaning.64,500 purchase price 10% down because the loan will be structured as a second home. 6,450.3,000 closing costI will be taking out a loan and have excellent creditAfter the down payment and closing cost, the amount financed will be 61,050.

. - BP offers some illoinois specific ones here: https://www.biggerpockets.com/store/products/illin...Or check out: http://www.heartlandro.realtor/Member/Login/forms/...Good Luck!

They suggested a traditional loan as I have excellent credit.

You could do it if the host has an excellent track record and lots of reviews and looks like they know what they're doing.