Banks who offer construction financing tend to be 75-80% LTC and alternative/hard money lenders will sometimes offer higher LTC leverage than that.

There’s huge retal income potential if you nail that balance between improvements that wow tenants and improvements that merely look fancy but don’t justify higher rents.I’d also keep an eye on how your high end plan fits the local demand.

You can refinance sooner and at a higher LTV.

Ask for higher security in person have them back out on their own if they still want the place you will be safer with more security

Class A properties are going to cost you more, have lower cash flow, yet be more attractive to a higher quality tenant base.

You would end up saving the higher interest rate on the HELOC as well as closing costs.

When you add on your new lease fees, lock box fees, inspection fees etc. the percentage creeps far higher.

We are seeing people move from higher cost of living areas like Raleigh, Durham, chapel hill, and even Greensboro.   

Compared to other services that might offer lower-quality leads or require higher upfront costs/paywalls, Prime Tracers also give you free lead credits on sign up so you can actually see the results before you commit to a purchase.

But higher tax rate in PG county.