I have started hiring separate companies to clean, paint, etc. and that is getting old fast.

Due to what happened in the early 2000s you can not pick appraisers or use a past appraisal (EVEN IF IT IS A FEW DAYS OLD BIT NOT ORDERED THROUGH THEM).

@Tyler ScrantonYou do not have to have your business score and it doesn’t matter how old is the LLC.

A great way for you to have the best of both worlds, is to buy with cash and then take out a HELOC to give yourself access to the cash if you needed/wanted it.  

I find myself looking for subcontractors that do very good work, but for cheaper prices, which requires more management from me.I personally feel like there’s a lot of money being left on the table when you pass up an investment opportunity because it falls slightly below the 70% rule.Now if you’re getting construction bids done at $12 - $20 per square feet like J and others do, then I’m sure you can go below the 70% rule (by the way how in the world can I get to those numbers for rehab bids!?!?

The reality is that it will take a lot of work and effort to be successful and he should go in with eyes wide open.Too many people see the 65-year-old REALTOR driving a brand new Mercedes and assume it must be easy.

Looking to build some relationships and gather some knowledge about the world of real estate!

Hello Bob,I know this post is kind of old but PM me if your still looking for an Realtor.

If there was an old mortgage (unlikely on a lot) then you need a release from them.I have done this multiple times and not needed an expensive Quiet Title.

I, personally, am obsessed with old house details and hate all the flips where people tear out original 1920s bathrooms and replace them with particle board vanities, builder grade fixtures, and cheap Home Depot tile.