Question coming from someone who spends more time with data as an investor: is looking at listings from a propwire, propstream, etc. sufficient for your investment strategies.

Just my 2 centsTo answer the question if it’s a tear down you need to understand the comps In That area and the cost to remove the existing and rebuild - where many go wrong with rebuilds is they assume best case construction and holding times and time is money especially if using a construction loan.

Sorry for not answering your question.

Your value is 395k and your loan at 90% to that value is $355,500 - what your current balance remaining is of 325k = $30,500 that is how much your line of equity might be minus closing cost. let me know if you still have questions. 

Good question First.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

My questions are:How do we legally set our agreement and protect our business? 

It looks live ARV will be around 275k-300k.My question is, when starting out is hard money the way to go? 

@Michael Hearn2 questions right back at you.1. you state you would "put [the proceeds from the sale] toward the new mortgage" - and i get the temptation to do that with what seems like a high interest rate. 

Anyone have any thoughts on these questions above?