Originally posted by @Kyle Nicholas Yeitrakis:So my girlfriend and I are thinking of moving somewhere to start our RE journey together.

My original plan was to put a HELOC on each unit and pull 80% of the value out to recoup my cash, however now I’m considering doing a cashout refi in six months for the same amount or more.Using the HELOC, my original plan was to take a 50k line on each unit and use all of my cash flow (no money set aside for reserves/profit) to not only pay the interest but also the principle down.

Both units originally have 2 beds one bathroom, and they are large. 

Originally posted by @Joel Cruz de Anda:What's up BP fam,My name is Joel, I'm a 23 year old laborer in construction from Anaheim, Ca.

Or the original lender?

Originally posted by @David North:Investment Info:Single-family residence fix & flip investment in Washington.

You performed a simple background check, asked other investors and only found one that knew their work. 

Originally posted by @Jeremy Windholz:@Roger Gelpey it is based off value, not cost.

Originally posted by @Kris Wong:You say your budget is "$175K max", but how much cash do you have available to do a deal? 

How do you go about finding “good notes” and thoughts on “performing vs. non-performing” notes?