Merchants Bank MN See Pavel UshakovPenFed - max 3 other properties, 89% LTV Regions- yes HELOC but no LOC SCCU Florida 70% LTV, 6.25% interest only, not LLC Sound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv.”S&TTCF BankTD Bank TIAA Direct was EverBank Tower FCU, all states except TX, max 45 DTI, green card ok.

Starting with fix and flips sounds like a fun adventure, and looking into short-term rentals shows you're thinking ahead.

I had one contractor tell me his fee would be equal to 15% of that.Does this sound high for a single family home reno project?

Sounds like they didn't set proper expectations with the seller, didn't uncover all hidden objections, or didn't have a solid contract in the first place.

Hello,I have a property with a tenant that I inherited when I purchased the property..She is an older woman with adult children that, at one point, moved in with her without notifying me.We've got that all cleaned up, but now she is adopting a 2yo child.It's a noble act, but how does this effect me as the owner?

Hi Byron -Sounds like a DSCR cash-out refinance is preferable over a HELOC in your scenario.

That doesn't sound accurate but I get the picture.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

I have seen people hiring designers from out of country for around $10/hour then have a handyman assemble and arrange the furniture from pictures which sounds feasible.Any suggestions?

I was looking at Showplace and Heavenly but wondering if an in person assessment would be more effective.