Hey ChrisI'm not an expert on conventional financing, but I believe you'll get 75% of the market rent for the current home, so with the cash flow numbers you calculated below, doesn't the payment wash?

If you are doing a value add, you can refinance into a regular investment loan which wouldn't need you to look for a "loophole"If you are trying to get the lowest possible rates, you are probably a little late.

I would say the best thing you could do is just stop in at the bank/credit union you regularly bank with (our regular credit union didn’t have the Absolute lowest rate but the convenience of having money available in the same institution made it worth it for us) - just walk in and say “I would like to talk to someone about a heloc”.

I know it's completely contrary to what everyone else is telling you at the end of the day, sell the asset, pull all the cash out of it, and then move that cash into another asset and do it all by rent, wash rinse, and repeat, wash rinse and repeat over and over again.

With BRRRR, we´ve regularly replenished our HELOC so that we can continue investing.

What are general added costs compared to a regular closing?

It is regularly ranked as one of the safest countries in Europe and the world.https://listovative.com/top-12-safest-countries-in-the-world-today/https://www.numbeo.com/crime/in/Tbilisi5.

Because we're frequently on the go, we eat out regularly at fast-food and family restaurants such as Chili's, Panera Bread, and Chick-fil-A.

I mean, on what you are trying to do, I can only imagine you only need a 4-5 regular crew for 70-90 working days. 1-2 might change once in a while but surely 3 will stay the same for the duration of the build.

You must regularly clean the bathtub grout and caulk seams to mitigate the growth of mildrew.