DSCR programs start at no seasoning when rehab is done, otherwise, many offer 90-day seasoning.

Additionally it seems that even if the event is declared a Federal Diasater, FEMA would offer little if any assistance for Earth quake events.

typical blue sky ... buyer beware... 

They are a regulation a+ offering so they must provide thse reports to the SEC which are public.

This way on the cash out you can retain as much of the HELOC capital as possible so that you can put those funds back.Here are some numbersproperty value: $100K-ARVrepairs: $20KLender LTV 75%My offer to seller will max out around $50-$55K. with a max offer at $55K you can add the $20K in repairs and be at the lenders LTV threshold thereby getting back the majority of your HELOC money used to purchase and renovate. 

I was going to wait to build my portfolio bigger before starting an numbered company, but I'd like to hear what the BP community has to offer in words of advice.Here are the current numbers I'm working with.

You would typically use a lawyer to set this up for you.

Get in front of tired landlords, who may offer you a hand up.  

I can offer some potential partners for you, if you like to message me. 

Real estate offers many benefits, and with the right tools and mentorship, I believe you and your son can build a successful portfolio!