It is ideally suited for fix and flips and BRRRR where you can take advantage of cycling the money without having to ask someone to borrow it.

Average rental price for units if i would rent is $667 each. 2nd home, 3br 1 ba Townhouse built 1965. aluminum siding, previously attached, now detached burned in fire 2003. completely remodeled after fire, previously had fireplace but deleted and closed shut. hardwood flooring living and dining area, new carpet in bedrooms, possibly need to redo sewage piping and minor. priced at 43,000, taxes roughly 2500 as well, tenant currently pays $830 rent. i appreciate the time to look and help, i have pictures and can get more info if requested for any mentors here, if anyone can assist with any guidance or info at all i would really appreciate that and learn as much as i can!!

I have worked in real estate briefly as an assistant to brokers so I am familiar with the personal purchase and selling of homes.

Funds received from sellers, nonprofit or other organizations, including state and local government agencies, for down payment assistance grants cannot be used to reduce the required contribution.Funds paid for costs outside of closing, such as hazard insurance, taxes, application fees, and other items related to the purchase, are considered part of the homebuyer’s required contribution.

The 3rd party fee's can also be very high for CMBS (mostly because of borrower counsel) - Well's has a capped program at $25k which is low compared the industry standard of a $30k-$50k deposit.

Those companies often advertise larger amounts of LOC available but are more often limited to newer borrowers. 

Use an RMLO to check out the borrower. 

I have recently begun working with an individual to help me with paperwork and other tasks.My top three tasks as of now are (after training): 1. Paying bills and recording financials.2. Organizing all files both digit...

Any criticisms would be of great assistance.

Hi Tanya,Perhaps I can assist.