You're totally right—making a schedule with all the important dates on it is very helpful!

@Zach Denny Did you ever put your deal together, if so I'd be curious what the bank required on CLTV and if you had to source the total down payment (PP-First Loan) then apply seller second, or if the bank let you do all that at closing functionally making your DP = PP-First Loan-Second Loan.

The developer makes their money on a one time developer fee of 10% of the total project cost.  

You can theoretically have a higher rate from one lender with lower origination fees and total finance charges may come in lower.  

Bookmarking your youtube channel as soon as you share it :) Haha wow completely forgot to leave the link. youtube.com/@brady_morgan

I forgot to add that the insurance and tax is included in my mortgage of $2,005.

With respect to paying $44k off on your HELOC, I personally think that is totally fine and a great start. 

And you create a situation where you are totally dependent.For most people in the US OOS investing does not make sense, the economic delta is not large enough to justify the additnal cost and management burden. 

But I did it pre inflation so the total cost was around $75K at the time. 

There is a difference between a repair cost and a total replacement cost.