All major flippers in town have heavily compressed ARV to accommodate for the potential of the downward slide to continue.

Before you can tell, you need the answer to a lot of different questions and then know how to apply them:What is the remaining term of the assumable financing?

Think of it as an alternative to paying down the loan with a lump sum to make it cash flow neutral.

I did not want to sell it, and I saw the value in holding on to this property.

HI, Is opening a LOC on my primary a good option to fund flips or is there a better solution to get the funding?

I currently use rentredi and am disappointed in it, I want to switch to STRESSA but find they collect rents into their bank account.Has anyone used RENTREDI accounting software, they want $100.00 per month which i find exesssive.

Since the lot was slightly more than 10%, I did not have to come out of pocket further.

Hi Luca, it is great to hear that you are on your way to pursue your Real Estate License. 

Make sure to get to @Leka Devatha's meetups in Seattle if you haven't been.

All - we are going to implement Follow Up Boss CRM.