go with the basics....also, im sure that 53rd Bank is going to have more costs in the loan. like escrow fees, title reports, appraisal fees, doc fees, fedex fees. 

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Thanks in advance!

To me that sounds more like "Advance to go, Collect $200!"

Thanks in advance!

Hello again BP membersI have recently discovered how to pick up not so bad REO SFR’s to flip and rent out (or flip and sale .. not my thing though) with basically using the brrrr methodMy question is more of which is better scenario to be inif to pay down my primary residence and then have (easy numbers) 100k available in HELOC moneyOr have 100k cash money laying thereAnd then after having such funds available (easy theoretical numbers)Go out and Find a REO SFR for 50k Needs 25k in repairsAppraises and ARV comes back at 100kAnd will rent out for 1400-1200 a monthCash out finance 75k (75% LTV)Pay back your self or helocAnd repeat process overNow my immediate goal is to reach 15k PASSIVE income but i want opinions on how to get there faster and with this idea i have seen a few examples of in older threads but not alotThanks in advance!

View report*This link comes directly from our calculators, based on information input by the member who posted.Hey guys. 

View report*This link comes directly from our calculators, based on information input by the member who posted.Hello, I am reviewing this potential rental property and I can’t figure if I am being too conservative with my expense assumptions.

Thank you in advance to any help and advice.

Thank you in advance.