We do not factor in capital gains tax in our final net profit projection Hope that helps!  

ESPECIALLY if you’ve lived in any of them 2 of the last 5 years and can take the tax free gain. 

Some lenders do have minimum credit scores to access these loan types, but it is the exact same qualifications for income and assets as non renovation loans. 

Gains within this account are tax-free if rules are followed, but avoid prohibited transactions to maintain account integrity.

Really your reply is the kind of thing that has made Bigger Pockets so valuable for people like me with more limited access to a broad range of more experienced professionals.

The real life experience is the best option for learning and gaining the knowledge you need. 

@Tom HallAt 7% if you can I would pay it down as investing it net after tax gains may not get you the 7% you are paying - so it’s less riskDownside is you lose liquidity of that money as it’s tied in your propertyIf rates come down in future you can refinance and even take some of the cash out.Regarding your question are rates coming down, a lot of factors come into play but right now it does not appear there will be significant changes to rates over next 3-6 months.

They have access to CoStar and can provide you more in-depth knowledge of the comps and property of interest.I'm following here to learn about other markets :)

If you lived in the property for 2 out of the last five years then you wouldn’t pay capital gains up to a certain amount.

This tenant was billed accordingly.My rentals have Sherwin Williams SuperPaint in Accessible Beige / satin for the walls.