With that unit filled, I should be able to cover all expenses and have about $100/mo cash flow (which will go directly into an acct to save up for any repairs down the line first; once that's built to my satisfaction, it'll go towards paying down the HELOC.)If all goes well with this unit, I hope to buy another by years end.

No worring about extra grout lines around cabinets , easier cleaning, no cracking , no smaller and bigger grout lines around cabinets, no worrying about dishwasher fitting . many good reasons.

When I bring someone on and they make a sale and the office sees a profit that month, not only do I get a portion of the profit but so does my sponsor and it goes down a line.

I want to invest in a rehab should I take out a home equity line of credit, or go through a hard money lender for the loan.

Oh, and you need to get over worrying if you offend someone or find another line of work.

To separate gas service you will dealing with the gas supplier to actually install the meters, but you will have to have a plumber rerun the gas lines from where the meters will be to each unit individually.

With this cushion, we roll in ALL closing costs, construction interest reserve which gives you the benefit of making no payments during construction, and also a $10,000 home equity line of credit that you have full access to at completion in case of any potential negative cash flow from renting or temporary vacancy before it sells or rents.

If you are unable to sign a contract but have a buyer lined up you can do a double close.

It needs minor cosmetic repairs, is a 3/2(desirable), and can stay in the park.Less headaches and I would have spent that much on any of the others with more headaches.The key is to line up your buyers so you don't spend time paying lot rent while you wait to sell and to keep some of your capital so you can keep investing instead of buying one, spending all your money and then waiting for the payments to build you up to where you can by the next one.

Hi allI'm just getting into rehabbing and from what I've read and heard, doing your own work can take you away from doing what's important - finding deals.Now I understand the issue of bottom line, but with doing your own deals, are you only working on 1 project at a time?