Meaning get a Architect to draw up the plans, have a company that's insured to do the dig out and place the pluming, etc.. and I can put he flooring, kitchen and bath in myself.Thanks again

Even if that works out to 10% CoC on the rehab, I find the ROI is better if we pile up that capital and put it in another property in almost every case. 

I have been that 1) the payments should go to the "Name of entity" listed in Line 1, regardless of business/ LLC name you put in line 2 and that 2) since a single member LLC is a disregarded entity, use your personal name with your SSN.

My offer was accepted and we were put under contract for a bank owned home that was recently foreclosed.The four point discovered errors that needed to be rectified prior to obtaining conventional financing.

Beautiful project though, but don’t see the numbers making sense in something turnkey for me I'll shoot you a PM we have a similar project we are putting together in Miami and starting to go directly to land owners for equity contributions to development deals to bridge the gap and put this together. 

I am really trying to figure out how to put in a bid on the Baltimore City tax sale (coming up in May).

@Bill Brandt That was very well put Bill.

They got it fully leased up and everything has been running smoothly with $2k net income after expenses and mortgage per mo. on a property I put $180k into (rehab + down payment), so I'm very happy with the resolution.

So that puts you into second position at more than 32% annualized interest.

You'll have to make some sacrifices, put in some work but I promise that its all worth it in the end.