Alternatively, does anyone know of a loan originator who can help me create my own friendly line of credit from one of my LLCs and record the liens?

Directly investing in real property investments, whether property, notes, tax liens, or leases requires a THOROUGH understanding of all LEGAL aspects concerning real estate law in general and the investment in particular.It’s IMPOSSIBLE for someone who hasn’t accumulated either a legal education in real estate law or 20 years active experience to have the knowledge and understanding of legal aspects sufficient to reduce legal risk to an acceptable level when investing directly in tax liens, notes or real property.  

That is something a lot of the smaller credit unions lack.

Quote from @Jerry R Harris: Any real estate meetups happening in the Portsmouth, Chesapeake, or Norfolk area of Virginia?

Total rent between the three is $3200/month.I have an adjustable 20 year mortgage with a balance of $100,000~ at 4.95% that is set to adjust in 2026.I also have a HELOC on that property at $180K~ with a 9.75% rate. 

Save yourself some time by creating a detailed bullet point list of all of the criteria you look for in a deal - and be specific.

Either way, you came to a great place to get a ton of information and to make connections.

Good morning BiggerPockets,I am a new investor/wholesaler and I am trying to understand the most effective way of finding the ARV of a property without having access to the MLS?

@Nicholas CrumThe guru instructor stated it was 10 days for banks, 30 days for the auto industry, and 2 other industries I forgot that are 30 days.  

A cost segregation study looks at the overall building that you purchased and breaks it down as much as possible.The purpose of this is to increase the depreciation expense.Without a cost segregation study, you are depreciating the property over two items(Building and Land).However, a cost segregation study might identify items such as fencing which might be eligible to be depreciated over 15 years instead of 27.5 years.Depending on the year that the building was placed into service, you might be able to take bonus depreciation on certain items.The follow-up question to ask your CPA is will the cost segregation study help me, and by how much?