That's a perfect balance you'd be able to achieve and there are people who even do out of state BRRRR's if you don't want/can't be as hands-on anymore.

Of course the potential returns (IRR, COC, EM) will initially draw the attention of an investor, but what's more important is how they plan to balance the risks/returns such as assumptions in underwriting, how they plan to execute the business plan, and the track record of the management team.  

Univest bank will open up a line of credit (.7 * value - mortgage balance).

Thank you @Kyle Wagner I feel you on the balancing act.

The only thing is one would have to make sure to have direct deposit on the balance of monthly rent due to be safe. 

Regardless of the perceived demand for housing, the actual demand ebbs and flows with the population and its growth or contraction.So, here we have a three-pronged puzzle:- Housing demand stays more or less on track- Housing growth is temporarily suppressed - Lending for home loans is severely inhibited by all the post crash checks and balances meant to tame a beast which has just killed itself.According to the laws of supply and demand, what happens to prices when demand outstrips availability (supply)?

I'm looking for a history of slow/no pays, charge-offs, excessive revolving balances, unclaimed expenses (car notes, etc), and recent financial troubles.

Maybe that's where our balance will be.

@Kelli Bristol I would get a LA attorney's opinion about the title and transfer of the LLC questions you have.As far as the numbers, if the ARV is 150k, then you need the balance to be below 120k to be below 80%.

You'll have to close in your personal name.(2) Your HomePath loan will most likely have a "due on sale" clause that states the entire loan balance is due at the time the property is sold.