Currently working on the floor plans.

You could pull some cash out to do the renovations and then refinance on the ARV once its done in 6 months and take out more cash to buy another investment home or rent that one out and buy a New primary home.If you have any questions on the steps or the process feel free to reach out or send me an email. 

In general, if there's nothing in zoning or the deed restrictions prohibiting the division of the property, it's mostly just getting it resurveyed and presenting the new subdivisions to the local government (county usually) to have each lot recorded as separate parcels.

can't view the link you posted.

This question has come up a few times with prospective clients recently, so I thought I'd shed some light on it.Generally, being an employee in a real estate business does not automatically qualify you for REPS unless you own at least 5% of the employer.

The prospect completed an application and checks the credit and income boxes but does have a mark on the criminal record.

Hi Jhamari – Setting up ownership through an LLC could be one of the approach, though there are more variables to consider it.

What is the rate difference? 

Well, you and your buddies can load up and come on over for the exercise then.

Glad to have you on the forum, Tyler!