Quote from @Julian Thomas: Quote from @Wale Lawal: @Julian ThomasYou're in an amazing position by thinking about real estate this early, and with a full-ride scholarship, college is a no-brainer—it gives you time to learn, network, and build capital without debt.

Give me a buzz if you'd like to explore this scenario further.  

With this one I would a paragraph that states " in case of any unforeseen circumstances due to the plumbing, we ask that you not flush wipes or pour grease down the drains "  that way you have stated that in the rules part of the listing.  

Agreed - my analysis incorporates this. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

If you do have enough other income then you dont even need to lease out this property to start your refinance.However if you dont have enough income to qualify with no rental income offset then yes you will need to obtain your lease(s) and security deposit + 1st months rents deposited before you can utilize 75% of this gross income - your monthly PITIA payment (in terms of qualification on this property refinance.So all in all Id make sure what your current debt to income position is first of all (DTI) and then strategize to see if you even need the leases at all.

My state is very fair to landlords, but there's no way to win this scenario.

Our Challenge is We’ve successfully completed 8 flips in 24 months and are ready to scale to 20-30 flips this year.

@Jillian Alonge A HELOC provides quick access to equity for your next property but transferring the property to an LLC via quitclaim deed may trigger the due-on-sale clause—check with your lender.

@Pranita Maldikar From your report, it appears you're looking to put $119k down on this property, is that correct?