Then the rehabber holds the draw schedule money for repairs in their bank account (or an escrow account).

If your a real estate agent in the area and can assist me please resond back to me for a conversation and a Meetup when I'm in NC.

It usually means someone is overpaying or they have a way to repair it cheaper than you.

I would like to partner with someone maybe even work part-time as I am in school and can currently give my effort to assisting someone who will hopefully mentor and grow a new potential investor in this business.

Repairs how did that all go?

I’m looking to invest in the surrounding areas like the high desert area. i have construction background so I am looking to do most repairs myself .I am lookng for property that Is driving distance from me.

It came down to two days after the home closed that the Licensed HVAC company was finally able to repair the unit.

If that is the case be very careful that your HELOC  (with interest payments) will be paid with the rent from the new property  by a healthy amount to help for tenant turnover and repairs. 

So, while the dwelling coverage in a landlord insurance policy may help with the repair bills if a tenant inadvertently damages the unit while moving furniture, the costs of cleanup if you discover a disgruntled tenant spray-painted the walls may not be covered.”Do you know of a carrier that does cover he above?

We estimated about $5,000 in repairs for the new duplex.