As you run all your income through the checking, the excess is swept into the HELOC at midnight, chipping away at the owed balance on the HELOC.

When we have excess investment property loan production (over our 7% quota) (which we will), he will take pools of loans to the non-agency securitization market. 

TL;DR: I want to buy a fixer-upper with an FHA/VA loan for 0%-3.5% down, force appreciation through renovations, then sell after a year and use the profit as the 20% downpayment on a conventional loan then BRRRR.

Or the rental market dries up and you're stuck with a vacancy or have to lower your rent price $200 a month to keep it filled?

When it comes down to estimating repairs, many people call a general contractor to give them bids before buying a property.Luckily for appliances, all you need to do is go to Home Depot and look at the price of an appliance and then google search the price to install.Here are some very VERY vague guidelines to repairs: Secure house and rekey: $250 to $300 Trash-out interior and exterior: $0 to $3,000 Power wash: $250 Landscape cleanup: $250 to $3,000 Exterior detailing: $200 to thousands of dollars, depending on dry rot repairs, light fixtures, siding, stucco, etc.

Pest control- we put mouse bait out along the fencelines and under the units, mow excess weeds and grass.

I used Brad Yert at dry insurance in Akron for all my canton props until I got a commercial product.

I know it's legally, perhaps my mistake for missing the checkmark on the excessive documentation sent to me, but I feel it's my banker's fault.

Part of my plan is to use excess cash flow from all of them and use that for down payment on a few more.

The State and local tax deduction is capped at $10,000, so if you're like me you blew right through that and then some on your 2020 return so any excess went to waste even if you itemize.