Quote from @Mavely Pazmino:We want to use a hard money lender and use HELOC for 20% down payment… should I be worried that once I buy and rehab I wont get a high enough ARV to refinance in order to payback my HELOC and HML?

However the intersection is known to be a high crime area with motels and gas station.

I personally use US Bank [Big stable bank with Zelle capabilities], Relay [Checking and Savings 3%] and then Quickbooks [high interest rate 5%].

Strategic Location: Ellenwood is a growing market with high demand for renovated properties.

One owner is looking to exit to middle to high sevens on yield on cost.Cap exits are high 5’s, low 6’s for some Class A product.Turnover cost projections should escalate: $500 first year, $850 second year, $1000 third year.Consolidation and density of BFR assets can be an issue for insurance companies.

I did a lot of new construction in Charleston SC and did full gut rehab on 2 small MF>  built about 35 homes.. the prices in charleston are very high compared to say Columbus OH. in the order of magnatude to 2X to 4X per prop.. but its a fabulous city. 

Any recommendations or experience on good online banks with high APY for this purpose? 

In terms of taxes, this is what I got from my CPA< but i dont think its still right, seems VERY high.

Hopefully the high season does well.  

Until about 2 years ago I owned a custom wheel company that built one off wheels for high end/race cars.I currently daily drive a 2005 BMW 745i, trying to decide what to replace it with.