It would be a case by case but with increased rehab costs, commissions, closing, I’m seeing 70% you may have to leave some money in the deal.

Hi Hoa,- Hard money is fast efficient, expensive,  it has high rates and points and shorter term 6-12 months or less typically with extensions available- HELOC typically has no points but prime + 2-3% margin right now is almost the same rate as hard money and closing costs are a lot less than hard money and you can rinse and repeat and reuse it after paying it off so yeah overall its better than HML (hard money lending)Thats just the beginning of your research, the reality is in real life you might need both sources, make sure to have both ready and start with the best execution or option first and always be ready to use the others if the need arises.rehabbing is messy AF especially on older housing Illinois housing stock from 1895-1940's.

I'm just starting out, about to close on my first deal.

I've never had any issue or problems with wholesaling or assignments or options or double closes, all of which I've done.  

My ideal location would be north woodland close to Washington park 

Commercial financing carries more risk, and higher closing costs, but can be great if done right, on the right property, in the right location.

It is close to 2 major roads through the area. 

I don’t follow the national sceme closely.

Hello, my husband and I closed on our first rental property in Woodbury, New Jersey.

Negotiate terms with sellers based on your findings and financial analysis, and seek assistance from legal and financial experts to finalize the purchase agreement, financing, and closing process.Having a strong property management plan is crucial, whether you decide to oversee it yourself or enlist the help of a professional company.