HOME Equity Line of Credit, if it is not your home you cannot get a HELOC. 

Yes, the Notice has a witness line.

The down payment and rehab budget would come out of my home equity line of credit and I would get a new mortgage on the rest.My father will do all the rehab and manage the property, physically.

Hi Everyone.    I'm a newbie with a question that I've been grappling with.    I've got the feeling that that there is a distinction between hard money lenders and private money lenders.     But I can't seem to put my...

This is why I'm thinking about portfolio loaning them to a 30 year product. 

The "clogged toilet at 2AM" is my favorite line and the one that EVERYONE seems to know.

Especially, around the AC and where the Gas lines went into the house.

But 90% to 91% would be “good”.So the trick here is to check the market data and expect performance in line with that data.

BasicallyHow much profit can you make with rentals (apartments, duplexes, etc), and regarding loan products, how much capital would be required per year to reach my goals mentioned below? 

I think I have minimized my risk by purchasing it out right and then testing the market for what the property will rent for to further prove my numbers for purchasing additional houses in the area.Once it is rented I am going to work on either refinancing or getting a line of credit for the purchase of the next house.Hope this helps any new investors who commented on my thread.