Why not just work with a good real estate agent that can tell exactly what something will sell for after renovation.

Normally we would just wait until after closing on the third property to apply for a business credit card but we are about to undertake about $10,000 in renovation expenses on one of the properties in the next two weeks and I would like to use a credit card to pay for our materials and also our contractor (if possible). 

Hi all.First let me introduce myself.My name is Victor, I have been living in the Austin area for 10 years now, originally from Spain.I bought my first home in Austin in 2009, and sold it for a good profit in 2013, when I married, to buy another home with my wife.Ever since, I have been wanting to invest some money in real state, mostly to avoid just having cash seating in the bank, and build some equity for the time when we retire.At different times we have looked at different types of properties, but for one reason or another we would just stop looking for a while and then start over again.Just a few months we started looking again, I wanted to find some investment property that provided some positive cash flow, but after talking with some friends, realtor, mortgage broker... it seemed that it could be better to find another property to move to, and rent our current home out, since we got it at a good price in 2013 and should get a good rent.Now, while looking for that, I found a house I thought had good potential with some renovations, and long story short, we ended up in a contract to purchase it.

They have accumulated a larger down payment through additional option payments or credits over the lease option term.4.

Four spaces/units currently rented, three ready  for rent and three need renovation to make rentable.

Ive seen top notch renovated properties with similar square footage sold recently between 70-130,000.

Should there be a separate company for the 'flipping or renovating business' i.e the flipping business is gifted the money by the trust, does the renovating and then sells the property back to the trust which turns around and refinances  (BRRR strategy) OR should they be one company? 

If you’re looking at buying larger multi-family, I would take your realtor hat off and deal directly with the listing broker with getting your commission. brokers want to “hog” the deal and will likely not favor you as much if your expecting a commission and competing against others.

A newly renovated will generally rent much faster.

Sam, Property Pro Services is a licensed General Contractor and can do rehabs, repairs and renovations.