Fast close, tenant in place, etc?  

I don't have any stats for you but the topic is very close to home.

Hey ya’ll, we just closed on our second flip today and I have a question about the construction.

You can close under a new LLC.First Time Real Estate Investors eligible with qualifying previous Homeownership history. 

Any thoughts out there about a couple of things: vac rental market in these areas, taxation, overall insight, etc. we have secondary thoughts about Big Bear and Frazier Park, CA, but investment market is very tight here with Palm Springs area mostly closed out.

Depends on whether you can qualify by supplying docs like W2s, paystubs, etc. and if you want to close in your name or an LLC.

I would have about $30k - $40k for a down payment, closing costs, and a few months of reserves. 

I have a client that just closed on a 3 family in Danbury and has an incredible 2 bed 2 full bath for rent. 

RegardsYou can easily structure this scenario on a DSCR based loan and have the loan guarantor with the highest score be the only person to qualify while closing in an LLC owned by you and your wife. 

I'm looking for one that isn't tax return based and strictly DSCR based HELOCS  Not a HELOC, but you could do a debt service-based closed end second.