Lima capital one for example covers 90% of purchase and rehab costs, max loan to ARV is 70%.

Call Taylor Langford with Lima Capital One.

I have invested some capital on a Henderson Nevada house with a partnerMy partner is the only one on title.

This area is very rental heavy, and it's residential purchasing & rental prices are above national averages.

In order to convert the house into three units it will need at least $ 105k in rehab.I believe a savy investor can turn the current property into three units plus develop the two l0ts and build two duplexes or two single family houses ( arv for the area 2/2 130-140k 3/2 160-185).most houses in the areas are rental properties although is a very convenient area close to all major highways, MLB Statium and 15-20 minute drive to city capital (Atlanta). i would like to wholesale this deal or possibly partner up on the deal..

There are lenders that will provide the capital for your side of the closing, often they just require proof that there is a buyer lined up.

Also some damage may not be able to covered by security deposit. 2. more roofs = more capital expenditure. replacing fixtures like roofs/windows etc. costs the same size house, regardless of price of the house3. less able to utilize leverage4. higher turn around with these tenants. if you are using a property manager, this also means more replacement fee for the tenants.One other thing to note is if you can find a home that can be rented for $2000 a month for $200K, why would anyone want to rent that from you?

How do I keep myself super excited while waiting the next few months to pay things down and gather Capital?

We’re seasonal and I need to keep all of my capital in the business going into our slow season.

I’m wondering if I should sell the house while I have the opportunity to avoid capital gains.