If you have a good rehab crew, make low cash offers and some will stick.

Purchase price: $290,000 Cash invested: $100,000 Sale price: $549,000 4 Bedroom 2 bath house bought from an estate in a great Broad Ripple location.

It has a free option or a relatively affordable premium option.

If you’d like to discuss multi-family strategies or opportunities further, feel free to reach out!

@Stephen FrazierI'm not 100% sure what you're asking, but I would strongly recommend against buying something with 100% financing where part of that financing is a HELOCYou will probably just lose moneyIf the home is owned free and clear, maybe the kids would do seller financing? 

Feel free to reach out if you have any more questions or just want to connect.Cheers,Ryan Cheek

This appeals to some of our borrowers who are more concerned with limiting their initial cash outlays than with the rate.

Generally if you are looking at a rate-term refinance (i.e. less than $2000 cash-out or just refinancing into a long-term lower-rate loan but same loan amount) then you should be fine - if looking to cash-out on the refi - generally will need to wait six months of seasoning however there are a few lenders that will do cash-outs at the 3 month seasoning mark

An LLC is not free.

I don't know how to post a poll in this forum, so please just feel free to post your response.WHAT ARE THE TOP TWO REASONS THAT YOU ARE INVESTING IN A STR AT THIS TIME?