Upgrading countertops to granite or quartz, installing high-end appliances, modern cabinetry, and stylish fixtures can significantly raise ARV.

@Jeff G. not aware of that, but sure it's available for a price from Fair Isaac Co or one of the credit repositories.

I'm in Kansas City so I can't say for sure but I would highly doubt they'd raise any alarm bells.

If you were raised in church, as I was, and taught to hold ministers in high esteem, it is hard to believe that a “man of God” could be so duplicitous.

Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender How did you add value to the deal?

It is harder than doing it yourself but having capable awesome young ladies in this world hopefully will raise the bar for the lazy dudes. 

Most banks will do a 25 year amort but only a 10 year term, which means you either have to sell or refinance the property at the end of the term.Also be aware of prepayment penalties. 

Eli,If I were you I would look into Subject Two, Land Contracts on Properties that are free and clear and Raising Private Money!

Sellers rarely mind the low deposit and extended closing period due to the nature of the property, or at least they can be made aware of the fact that their lot has issues that will take MY time and MY money to solve and then they come around.My terms on the flip are: Minimum 10K spread between purchase and flip value.  1-2K deposit upfront to hold the property for 7 days then the deposit becomes non-refundable after the 7th day and the buyer has the same amount of time that I originally negotiated with seller typically 8-12 months(its a purchase contract but because of contingencies its essentially an option).  

Hi there, If you live in another state it would be very difficult to show that you materially participate, as you need at least 500 hours, considering the IRS sees where your home state is and where the rentals are, it may raise red flags for the IRS if you try to claim that... as a tax accountant and investor myself, even without actually speaking in person, I do not know I feel comfortable suggesting you show material participation