Increasing bathrooms, refinishing whole house woodwork, updating all mechanical items, and adding those modern touches throughout.

I’ve been thinking that I should start out with SFR bc they’re cheaper, but I’m not 100% confident about that.

Our LTV is less than 50% ( yes no risk at all for the bank, and we have top credit score.We already paid the appraisal, environment fee, wasted countless hours etc...The texts in LOI: Financial covenants:-- Min DCR based on actual rents for the first trust deed of 1.25:1.00 based on a 25 year amortization by the end of 2018.And in the loan doc---Property is to maintain a 1.25:1.00 Debt Service Coverage Ratio, tested annually.We would not have paid the fee and sign the LOI, had he included the phrase tested annually.Please understand that the loan  will be for 10 years long, and we are very confident that we will always have fund for the monthly mortgage payment.

With those increases (a total increase of 14%) that wipes away $343 of your projected cashflow and puts you into negative cashflow post-refinance.

What would be a good exit strategy knowing that the HELOC payment would increase substantially once the interest only period ends?

Unit A- Originally rented at $825-> Increased to $900.Unit B-Originally rented at $750-> Increased to $1,000.

Or is it in fact a shorter, 5 year, hold and flip before expences increase. 

If I buy a house for $500,000 with $100,000 down and sell after 3 years with 7% increase each year how much would my profit be and why?

I studied it like crazy and finally felt confident to put a direct mail campaign together.

Are you able to refi because the property has increased in value, or were you able to make principle payments from renting the other half of the duplex?